Israel Chemicals Shs (NYSE:ICL)‘s stock had its “hold” rating reiterated by investment analysts at BMO Capital Markets in a research note issued to investors on Friday. They presently have a $4.50 target price on the basic materials company’s stock. BMO Capital Markets’ price target indicates a potential upside of 3.21% from the company’s previous close.

A number of other research firms also recently issued reports on ICL. ValuEngine downgraded Israel Chemicals Shs from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub downgraded Israel Chemicals Shs from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Jefferies Group LLC started coverage on Israel Chemicals Shs in a research note on Thursday, May 25th. They issued a “hold” rating and a $4.75 price target on the stock. Finally, Zacks Investment Research downgraded Israel Chemicals Shs from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. Israel Chemicals Shs presently has an average rating of “Hold” and an average price target of $4.67.

Israel Chemicals Shs (ICL) traded up 1.40% on Friday, reaching $4.36. The company’s stock had a trading volume of 36,563 shares. Israel Chemicals Shs has a 12-month low of $3.52 and a 12-month high of $4.95. The company’s 50 day moving average price is $4.60 and its 200-day moving average price is $4.42. The stock’s market cap is $5.56 billion.

Israel Chemicals Shs (NYSE:ICL) last released its quarterly earnings results on Thursday, August 3rd. The basic materials company reported $0.05 earnings per share (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 analysts’ expectations of $1.32 billion. Israel Chemicals Shs had a positive return on equity of 13.55% and a negative net margin of 3.43%. The business’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the business earned $0.09 earnings per share. On average, equities analysts expect that Israel Chemicals Shs will post $0.26 EPS for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ICL. Vanguard Group Inc. lifted its position in Israel Chemicals Shs by 17.3% during the second quarter. Vanguard Group Inc. now owns 11,583,640 shares of the basic materials company’s stock valued at $54,790,000 after purchasing an additional 1,712,172 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Israel Chemicals Shs by 19.3% during the first quarter. Goldman Sachs Group Inc. now owns 10,041,116 shares of the basic materials company’s stock valued at $42,775,000 after purchasing an additional 1,625,213 shares in the last quarter. FIL Ltd purchased a new position in Israel Chemicals Shs during the second quarter valued at $7,261,000. Citigroup Inc. lifted its position in Israel Chemicals Shs by 89.1% during the second quarter. Citigroup Inc. now owns 729,159 shares of the basic materials company’s stock valued at $3,445,000 after purchasing an additional 343,584 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Israel Chemicals Shs by 214.3% during the first quarter. Bank of America Corp DE now owns 480,415 shares of the basic materials company’s stock valued at $2,047,000 after purchasing an additional 327,581 shares in the last quarter. Institutional investors own 5.94% of the company’s stock.

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.

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