ICL Group Ltd. which can be found using ticker (ICL) now have 5 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 9.1 and 8 suggesting an average Analsyt target price of $8.72. Given that the stocks previous close was at $6.58 and the analysts are correct then there would likely be a percentage uptick in value of 32.5%. It’s also worth noting that there is a 50 day moving average of $7.12 while the 200 day moving average is $8.30. The company has a market cap of $8,277m. Company Website: https://www.icl-group.com
The potential market cap would be $10,969m based on the market consensus.
ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. It operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; produces various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment extracts potash from the Dead Sea; mines and produces potash and salt; produces polysulphate; produces, markets, and sells magnesium and magnesium alloys, as well as related by-products, including chlorine and sylvinite; and sells salt. The Phosphate Solutions segment uses phosphate commodity products to produce specialty products; produces and markets phosphate-based fertilizers, as well as sulphuric acid, green phosphoric acid, and phosphate fertilizers; and manufactures thermal phosphoric acid for various industrial end markets, such as oral care, cleaning products, paints and coatings, water treatment, asphalt modification, construction, and metal treatment. It also develops and produces functional food ingredients and phosphate additives for use in the processed meat, poultry, seafood, dairy, beverage, and baked goods markets; and produces milk and whey proteins for the food ingredients industry. The Growing Solutions segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water soluble specialty, liquid, soluble, and controlled-release fertilizers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was founded in 1968 and is headquartered in Tel Aviv, Israel.
The company has a dividend yield of 14.2% with the ex dividend date set at 1-3-2023 (DMY).
Other points of data to note are a P/E ratio of 3.75, revenue per share of 7.78 and a 19.3% return on assets.
