Barclays Sticks to Their Hold Rating for Icl (ICL)
Barclays analyst Benjamin Theurer maintained a Hold rating on Icl yesterday and set a price target of $6.00. The company’s shares closed yesterday at $5.10.
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According to TipRanks, Theurer is a 3-star analyst with an average return of 3.0% and a 48.11% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Hormel Foods, Coca Cola Femsa SAB De CV, and Tyson Foods.
Icl has an analyst consensus of Hold, with a price target consensus of $6.18, a 21.18% upside from current levels. In a report released on November 25, Morgan Stanley also maintained a Hold rating on the stock with a $5.80 price target.
Based on Icl’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.85 billion and a net profit of $115 million. In comparison, last year the company earned a revenue of $1.75 billion and had a net profit of $113 million
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