In a report released today, Lucas Ferreira from J.P. Morgan downgraded Sociedad Quimica Y Minera SA (SQM) to Sell, with a price target of $23. The company’s shares closed last Monday at $25.43, close to its 52-week low of $25.34.
According to TipRanks.com, Ferreira is ranked #3482 out of 5261 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Sociedad Quimica Y Minera SA with a $30 average price target.
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The company has a one-year high of $48.80 and a one-year low of $25.34. Currently, Sociedad Quimica Y Minera SA has an average volume of 767.7K.
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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 six segments: Specialty Plant Nutrients, Industrial Chemicals, Iodine & Derivatives, Lithium & Derivatives, Potassium and Other Products & Services.
