Compass Minerals Sags on Bid Weakness, Hurricanes
Operational challenges are a constant threat to companies that rely on producing things, and with its specialty in road salt and plant nutritional products, Compass Minerals International (NYSE: CMP) has worked hard to protect itself from potential disruptions by balancing its fundamental business to a greater extent. Yet businesses can only do so much to prevent problems, and Compass' announcement in September that it would have to operate at a reduced rate temporarily was bad news that the company didn't need.
Coming into Monday's third-quarter financial report, Compass investors had already adapted to the reduced guidance that the company had issued a month earlier. However, its results revealed some other pressures that not everyone was prepared to see, and shareholders will be anxious about how various trends play out in 2018 and beyond. Let's take a closer look at what Compass Minerals said and what's next for the salt and plant nutrition specialist.
Image source: Compass Minerals.
Source: Fool.com
Compass Minerals Intl. Stock
Based on 2 Buy predictions and 1 Sell predictions the sentiment towards Compass Minerals Intl. is rather balanced.
Based on the current price of 9.0 € the target price of 38 € shows a potential of 322.22% for Compass Minerals Intl. which would more than double the current price.
