▼ -24.85% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Intrepid Potash in the last 3 months. The average price target is $22.87, with a high forecast of $38.00 and a low forecast of $0.60. The average price target represents a -24.85% upside from the last price of $30.43.
The current consensus among 3 contributing investment analysts is to hold stock in Intrepid Potash. This rating has held steady since October 2020, when it changed from a Sell consensus rating.
Intrepid Potash, Inc. produces and sells potash and langbeinite products in the United States and internationally. It operates through three segments: Potash, Trio, and Oilfield Solutions. The Potash segment offers muriate of potash or potassium chloride for use as a fertilizer input in the agricultural market; as a component in drilling and fracturing fluids for oil and gas wells, as well as an input to other industrial processes in the industrial market; and as a nutrient supplement in the animal feed market. The Trio segment provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. The Oilfield Solutions segment sells water for use in the oil and gas services industry; and offers potassium chloride real-time mixing services on location for hydraulic fracturing operations and trucking services. The company offers salt for use in animal feeds, industrial applications, pool salts, and treatment of roads and walkways; magnesium chloride for use in the deicing and dedusting of roads; brines for well development and completion activities in the oil and gas industry; and metal recovery salt, a combination of potash and salt to enhance the recovery of aluminum in the aluminum recycling processing facilities. Intrepid Potash, Inc. was founded in 2000 and is based in Denver, Colorado.