K S AG Rating Increased to Buy at Independent Research GmbH (SDF)

K S AG (FRA: SDF) was upgraded by research analysts at Independent Research GmbH to a “buy” rating in a report released on Wednesday, Analyst Ratings Network.com reports. The firm currently has a €37.00 ($48.05) price target on the stock.

SDF has been the subject of a number of other recent research reports. Analysts at Equinet Institutional Services reiterated a “buy” rating on shares of K S AG in a research note to investors on Thursday, May 23rd. They now have a €47.00 ($61.04) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of K S AG in a research note to investors on Monday, May 20th. They now have a €27.00 ($35.06) price target on the stock. Finally, analysts at Scotiabank cut their price target on shares of K S AG from €33.00 ($42.86) to €31.00 ($40.26) in a research note to investors on Friday, May 17th.

Six research analysts have rated the stock with a sell rating, two have assigned a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €39.02 ($50.68).

K S AG (FRA: SDF) traded down 1.41% on Wednesday, hitting €29.843. K S AG has a 52-week low of €29.833 and a 52-week high of €41.30. The stock’s 50-day moving average is currently €38.60.