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Nessuah Zannex sees positive Q3 from Israel Chemicals.
(From Israel Business Arena)
Byline: Avi Weinreb
Local broker Nessuah Zannex believes Israel Chemicals will announce improved revenue and profit numbers when it reports third quarter results on Monday. The results, says analyst Haim Israel, will show that Israel Chemicals stands out in a global market characterized by neutral sentiment.
Israel, who rates Israel Chemicals a "Buy" with a NIS 5.7 price target, projects that the company's revenue will reach $521.7 million - 6.2% higher than in the same period last year - with growth led by a moderate improvement in the fertilizers and bromine global segment.
Israel Chemicals' operating income …
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