This is what analysts have to say about Sociedad Química y Minera de Chile S.A. (NYSE:SQM) after last week.

June 14, 2018 - By Robert Sims

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. The company was upgraded on Thursday, January 18 by Deutsche Bank. The rating was downgraded by Morgan Stanley to “Sell” on Monday, February 26. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, March 6 report. The stock has “Hold” rating by BMO Capital Markets on Thursday, March 1. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Hold” rating given on Thursday, January 18 by Scotia Capital. The firm has “Hold” rating given on Thursday, March 1 by Scotia Capital. As per Thursday, March 8, the company rating was upgraded by HSBC. Scotia Capital maintained it with “Hold” rating and $50.0 target in Tuesday, December 19 report. On Wednesday, February 7 the stock rating was upgraded by J.P. Morgan to “Buy”. 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: Seekingalpha.com which released: “Lithium’s Chinese Connection” on June 04, 2018, also Fool.com with their article: “FMC Lithium IPO and Spinoff: Here’s What Investors Should Know” published on May 17, 2018, Prnewswire.com published: “Lithium Market Continues to Surge as Demand and Supply Issues Persist” on June 14, 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 Globenewswire.com‘s news article titled: “New Research: Key Drivers of Growth for Ingersoll-Rand PLC, McEwen Mining, Sociedad Quimica y Minera SA …” with publication date: June 08, 2018.

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

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