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Shares of Sociedad Quimica y Minera de Chile (NYSE:SQM) have earned an average recommendation of “Hold” from the eleven ratings firms that are presently covering the company, StockRatingsNetwork.com reports. Four analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $30.70.

Sociedad Quimica y Minera de Chile (NYSE:SQM) traded up 0.16% on Friday, hitting $30.56. The stock had a trading volume of 18,337 shares. Sociedad Quimica y Minera de Chile has a 1-year low of $22.50 and a 1-year high of $45.59. The stock’s 50-day moving average is $30.51 and its 200-day moving average is $28.2. The company has a market cap of $8.043 billion and a price-to-earnings ratio of 20.26.

Sociedad Quimica y Minera de Chile (NYSE:SQM) last released its earnings data on Thursday, May 22nd. The company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.04. The company had revenue of $534.10 million for the quarter, compared to the consensus estimate of $502.19 million. On average, analysts predict that Sociedad Quimica y Minera de Chile will post $1.37 earnings per share for the current fiscal year.

A number of research firms have recently commented on SQM. 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. Separately, 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.

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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