In a report released yesterday, Joel Jackson from BMO Capital reiterated a Hold rating on Intrepid Potash (NYSE: IPI), with a price target of $3.25. The company’s shares closed yesterday at $3.62.
According to TipRanks.com, Jackson is a 4-star analyst with an average return of 12.1% and a 66.7% success rate. Jackson covers the Consumer Goods sector, focusing on stocks such as Israel Chemicals, Albemarle Corp, and Methanex Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intrepid Potash with a $4.50 average price target.
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The company has a one-year high of $5.31 and a one-year low of $3.12. Currently, Intrepid Potash has an average volume of 1.1M.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.
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Intrepid Potash, Inc. engages in the production and marketing of potash and langbeinite products. It operates through Potash and Trio segments.
