Intrepid Potash has failed to garner much analyst attention. Two analysts recommend “holds” on the stock, while the remaining two recommend “sells.” The low number of analysts covering the stock is likely the result of its weakening fundamentals.
Intrepid Potash continues to struggle in the low pricing environment (SOIL). In recent quarters, the company’s sales have suffered significantly, putting its debt obligations under pressure.
Recently, the company announced the pricing of its public offering of common stock to shift the debt burden from the holders of its equity. Read more in Key Updates on Intrepid Potash Stock and Its Outlook.
Analysts’ consensus price target for Intrepid Potash is $2, unchanged from their previous target, as we can see in the chart above. Note that analysts’ latest available price target and recommendations were on March 1, 2017. In other words, analysts haven’t revised their price target in over a month.
Next, we’ll discuss analysts’ recommendations for Monsanto.