Zacks Investment Research downgraded shares of COMPASS MINERLS (CMP) from NEUTRAL to UNDERPERFORM on May 22, 2012, with a target price of $71.10.
Compass Minerals is the largest producer of rock, or highway deicing, salt in North America and the United Kingdom and operates the largest highway deicing salt mines in these regions. The company is also the third largest producer of general trade salt in North America and the second largest in the United Kingdom, serving major retailers, agricultural cooperatives and food producers. In addition, Compass is the largest producer of sulfate of potash in North America, which is used in the production of specialty fertilizers.
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