Sociedad Quimica Y Minera SA (SQM) was Downgraded to a Hold Rating at Deutsche Bank


Deutsche Bank analyst Chris Terry downgraded Sociedad Quimica Y Minera SA (SQM) to Hold today. The company’s shares closed on Friday at $44.37.

According to TipRanks.com, Terry is a 1-star analyst with an average return of -2.8% and a 45.2% success rate. Terry covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Barrick Gold Corporation.

Sociedad Quimica Y Minera SA has an analyst consensus of Moderate Buy, with a price target consensus of $48.

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Sociedad Quimica Y Minera SA’s market cap is currently $5.34B and has a P/E ratio of 26.34. The company has a Price to Book ratio of 5.58.

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Sociedad Quimica y Minera de Chile SA engages in the production & distribution of fertilizers, potassium nitrate, iodine, and lithium chemicals. It operates through the following segments: Specialty Plant Nutrients, Industrial Chemicals, Iodine & Derivatives, Lithium & Derivatives, Potassium and Other Products & Services.

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