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Sociedad Quimica y Minera de Chile (NYSE:SQM) posted its quarterly earnings results on Thursday. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.35 by $0.04, AnalystRatings.NET reports.

Several analysts have recently commented on the stock. Analysts at Credit Suisse downgraded shares of Sociedad Quimica y Minera de Chile from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 14th. They now have a $27.00 price target on the stock, down previously from $34.00. On a related note, analysts at Zacks downgraded shares of Sociedad Quimica y Minera de Chile from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 6th. They now have a $28.90 price target on the stock. Finally, analysts at HSBC downgraded shares of Sociedad Quimica y Minera de Chile from a “neutral” rating to an “underweight” rating in a research note on Monday, April 28th. Four equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $30.70.

Shares of Sociedad Quimica y Minera de Chile (NYSE:SQM) opened at 29.25 on Thursday. Sociedad Quimica y Minera de Chile has a 52 week low of $22.50 and a 52 week high of $48.09. The stock’s 50-day moving average is $30.68 and its 200-day moving average is $28.01. The company has a market cap of $7.698 billion and a price-to-earnings ratio of 16.15.

Sociedad Quimica y Minera de Chile SA (NYSE:SQM) is a Chile-based company engaged in the production of specialty plant nutrients and chemicals commodities.

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