Discussion stirs around Sociedad Química y Minera de Chile S.A. (NYSE:SQM) this week; here is what analysts are saying.

June 14, 2018 - By Migdalia James

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Ratings Coverage

Among 6 analysts covering Sociedad Quimica Y Minera SA (NYSE:SQM), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Sociedad Quimica Y Minera SA had 9 analyst reports since December 19, 2017 according to SRatingsIntel. BMO Capital Markets maintained the shares of SQM in report on Thursday, March 1 with “Hold” rating. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) earned “Hold” rating by Scotia Capital on Thursday, January 18. On Monday, February 26 the stock rating was downgraded by Morgan Stanley to “Sell”. On Wednesday, February 7 the stock rating was upgraded by J.P. Morgan to “Buy”. Scotia Capital maintained it with “Hold” rating and $50.0 target in Tuesday, December 19 report. HSBC upgraded the shares of SQM in report on Thursday, March 8 to “Hold” rating. The firm earned “Buy” rating on Tuesday, March 6 by Deutsche Bank. The firm has “Buy” rating by Deutsche Bank given on Thursday, January 18. The rating was maintained by Scotia Capital with “Hold” on Thursday, March 1. Below is a list of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) latest ratings and price target changes.

08/03/2018 Broker: HSBC Old Rating: Reduce New Rating: Hold Upgrade
06/03/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Buy Old Target: $70 New Target: $63 Maintain
01/03/2018 Broker: Scotia Capital Rating: Hold New Target: $55.0 Maintain
01/03/2018 Broker: BMO Capital Markets Rating: Hold New Target: $55.0 Maintain
26/02/2018 Broker: Morgan Stanley Rating: Sell Downgrade
07/02/2018 Broker: J.P. Morgan Rating: Buy New Target: $65.0 Upgrade
18/01/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Buy Upgrade
18/01/2018 Broker: Scotia Capital Rating: Hold New Target: $60.0 Maintain
19/12/2017 Broker: Scotia Capital Rating: Hold New Target: $50.0 Maintain

The stock increased 0.04% or $0.02 during the last trading session, reaching $50.3. About 542,614 shares traded. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has risen 38.65% since June 14, 2017 and is uptrending. It has outperformed by 26.08% the S&P500.

Chemical and Mining Company of Chile Inc. produces and sells specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and other services and products. The company has market cap of $14.25 billion. The firm offers specialty plant nutrients, such as potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, including vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands. It has a 30.95 P/E ratio. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising X-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants in the synthesis of pharmaceuticals, electronics, pigments, and dye components under the QIodine brand.

More notable recent Sociedad Química y Minera de Chile S.A. (NYSE:SQM) news were published by: Globenewswire.com which released: “New Research: Key Drivers of Growth for Ingersoll-Rand PLC, McEwen Mining, Sociedad Quimica y Minera SA …” on June 08, 2018, also Mining.com with their article: “Shares in lithium giant fall on disappointing auction” published on June 01, 2018, Fool.com published: “SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q1?” on May 30, 2018. More interesting news about Sociedad Química y Minera de Chile S.A. (NYSE:SQM) were released by: Prnewswire.com and their article: “Lithium Market Shifts on Acquisitions and Promising Lithium Discoveries” published on June 11, 2018 as well as Fool.com‘s news article titled: “Lithium Stocks News: China’s Tianqi Lithium to Buy 24% Stake in SQM” with publication date: May 21, 2018.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) Ratings Chart

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