Israel Chemicals Shs (NYSE:ICL) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Friday.

Several other research analysts have also weighed in on the company. Jefferies Group LLC started coverage on Israel Chemicals Shs in a research report on Thursday, May 25th. They issued a “hold” rating and a $4.75 price objective for the company. ValuEngine raised Israel Chemicals Shs from a “hold” rating to a “buy” rating in a research report on Saturday, June 17th. Finally, Zacks Investment Research lowered Israel Chemicals Shs from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $4.67.

Israel Chemicals Shs (NYSE ICL) opened at 4.53 on Friday. The firm has a 50-day moving average price of $4.70 and a 200-day moving average price of $4.44. The firm’s market capitalization is $5.77 billion. Israel Chemicals Shs has a 1-year low of $3.52 and a 1-year high of $4.95.

Israel Chemicals Shs (NYSE:ICL) last posted its quarterly earnings data on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by $0.01. Israel Chemicals Shs had a positive return on equity of 13.55% and a negative net margin of 3.43%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $0.09 earnings per share. The business’s revenue was down 4.0% on a year-over-year basis. Equities analysts expect that Israel Chemicals Shs will post $0.29 earnings per share for the current fiscal year.

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A number of hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP raised its stake in shares of Israel Chemicals Shs by 44.8% in the first quarter. Wellington Management Group LLP now owns 23,830 shares of the basic materials company’s stock worth $101,000 after buying an additional 7,370 shares during the last quarter. KCG Holdings Inc. purchased a new stake in shares of Israel Chemicals Shs during the first quarter worth approximately $102,000. Russell Investments Group Ltd. raised its stake in shares of Israel Chemicals Shs by 80.1% in the second quarter. Russell Investments Group Ltd. now owns 40,566 shares of the basic materials company’s stock worth $189,000 after buying an additional 18,041 shares during the last quarter. World Asset Management Inc purchased a new stake in shares of Israel Chemicals Shs during the second quarter worth approximately $355,000. Finally, Comerica Bank raised its stake in shares of Israel Chemicals Shs by 514.0% in the second quarter. Comerica Bank now owns 82,311 shares of the basic materials company’s stock worth $387,000 after buying an additional 68,906 shares during the last quarter. 5.98% of the stock is owned by institutional investors and hedge funds.

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