Israel Chemicals Shs (NYSE:ICL) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Monday.

According to Zacks, “Israel Chemicals Ltd. is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions. It operates primarily in three markets: agriculture, food and engineered materials. The Company’s products include bromine specialty chemicals, potash, phosphate fertilizers, and specialty performance and industrial products. It markets its products primarily in Israel, Europe, and the Americas. Israel Chemicals Ltd. is headquartered in Tel Aviv, Israel. “

Other analysts also recently issued research reports about the company. 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. BMO Capital Markets reiterated a “hold” rating and set a $4.50 price target on shares of Israel Chemicals Shs in a research note on Friday, September 1st. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $5.25 price target (up previously from $4.75) on shares of Israel Chemicals Shs in a research note on Friday, July 14th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $4.67.

Shares of Israel Chemicals Shs (NYSE:ICL) traded down 0.88% on Monday, reaching $4.52. The company’s stock had a trading volume of 110,519 shares. The stock’s market cap is $5.76 billion. Israel Chemicals Shs has a 12-month low of $3.52 and a 12-month high of $4.95. The firm has a 50 day moving average price of $4.46 and a 200-day moving average price of $4.41.

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

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Institutional investors have recently bought and sold shares of the business. Wellington Management Group LLP grew its stake in Israel Chemicals Shs by 44.8% during the 1st quarter. Wellington Management Group LLP now owns 23,830 shares of the basic materials company’s stock valued at $101,000 after purchasing an additional 7,370 shares during the last quarter. KCG Holdings Inc. purchased a new stake in Israel Chemicals Shs during the 1st quarter valued at about $102,000. Schroder Investment Management Group purchased a new stake in Israel Chemicals Shs during the 1st quarter valued at about $508,000. Russell Investments Group Ltd. grew its stake in Israel Chemicals Shs by 80.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 40,566 shares of the basic materials company’s stock valued at $189,000 after purchasing an additional 18,041 shares during the last quarter. Finally, World Asset Management Inc purchased a new stake in Israel Chemicals Shs during the 2nd quarter valued at about $355,000. Institutional investors and hedge funds own 5.94% of the company’s stock.

Israel Chemicals Shs Company Profile

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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