Intrepid Potash, Inc – Consensus Indicates Potential 3.6% Upside

Broker Ratings

Intrepid Potash, Inc found using ticker (IPI) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The range between the high target price and low target price is between 35 and 29 calculating the mean target price we have 32. Now with the previous closing price of 30.89 this indicates there is a potential upside of 3.6%. The 50 day MA is 31.36 and the 200 moving average now moves to 40.71. The company has a market cap of $411m. You can visit the company’s website by visiting: https://www.intrepidpotash.com

The potential market cap would be $425m based on the market concensus.

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Intrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as agricultural market as a fertilizer input; the industrial market as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes; and the animal feed market as a nutrient supplement. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; water for oil and gas services industry; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.

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