Israel Chemicals Shs (NYSE:ICL) Given Hold Rating at BMO Capital Markets

Israel Chemicals Shs (NYSE:ICL)‘s stock had its “hold” rating restated by research analysts at BMO Capital Markets in a research note issued to investors on Friday, September 1st. They currently have a $4.50 price target on the basic materials company’s stock. BMO Capital Markets’ price objective suggests a potential upside of 2.97% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. BidaskClub cut shares of Israel Chemicals Shs from a “buy” rating to a “hold” rating in a report on Friday, August 11th. ValuEngine cut shares of Israel Chemicals Shs from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Zacks Investment Research cut shares of Israel Chemicals Shs from a “hold” rating to a “sell” rating in a report on Tuesday, July 25th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and issued a $5.25 target price (up from $4.75) on shares of Israel Chemicals Shs in a report on Friday, July 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Israel Chemicals Shs currently has an average rating of “Hold” and an average price target of $4.67.

Israel Chemicals Shs (ICL) traded down 1.60% during trading on Friday, hitting $4.30. The stock had a trading volume of 1,161,747 shares. Israel Chemicals Shs has a 12 month low of $3.52 and a 12 month high of $4.95. The stock has a 50 day moving average price of $4.54 and a 200-day moving average price of $4.41. The stock’s market cap is $5.48 billion.

Israel Chemicals Shs (NYSE:ICL) last announced its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.05 EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by $0.01. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Israel Chemicals Shs had a negative net margin of 3.43% and a positive return on equity of 13.55%. Israel Chemicals Shs’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS. On average, equities analysts predict that Israel Chemicals Shs will post $0.26 EPS for the current year.

WARNING: “Israel Chemicals Shs (NYSE:ICL) Given Hold Rating at BMO Capital Markets” was posted by Week Herald and is the property of of Week Herald. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright laws. The correct version of this article can be read at https://weekherald.com/2017/09/11/israel-chemicals-shs-icl-receives-hold-rating-from-bmo-capital-markets.html.

A number of hedge funds have recently added to or reduced their stakes in ICL. Bank of New York Mellon Corp grew its stake in Israel Chemicals Shs by 10.4% in the 1st quarter. Bank of New York Mellon Corp now owns 1,520,221 shares of the basic materials company’s stock worth $6,476,000 after acquiring an additional 143,262 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Israel Chemicals Shs by 6.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 111,890 shares of the basic materials company’s stock worth $475,000 after acquiring an additional 6,744 shares during the period. Karp Capital Management Corp purchased a new stake in Israel Chemicals Shs in the 1st quarter worth approximately $782,000. Parametric Portfolio Associates LLC grew its stake in Israel Chemicals Shs by 4.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 1,229,798 shares of the basic materials company’s stock worth $5,239,000 after acquiring an additional 47,860 shares during the period. Finally, Eagle Global Advisors LLC grew its stake in Israel Chemicals Shs by 39.8% in the 1st quarter. Eagle Global Advisors LLC now owns 116,000 shares of the basic materials company’s stock worth $494,000 after acquiring an additional 33,000 shares during the period. 5.94% of the stock is owned by hedge funds and other institutional investors.

About Israel Chemicals Shs

Israel Chemicals Ltd. operates as a specialty minerals company worldwide. The company operates through two segments, Essential Minerals and Specialty Solutions. The company extracts potash from the Dead Sea; mines and produces potash and salt from subterranean mines in Spain and the United Kingdom, as well as uses part of the potash to produce compound fertilizers; mines and processes phosphate rock in open mines; and produces sulfuric acid, agricultural phosphoric acid, phosphate fertilizers, compound fertilizers, liquid fertilizers, and soluble fertilizers.




Receive News & Ratings for Israel Chemicals Shs Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Israel Chemicals Shs and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

18 − three =