Sociedad Quimica y Minera S.A. found using ticker (SQM) have now 12 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 80 and 37.6 with a mean TP of 62.3. Given that the stocks previous close was at 55.97 this indicates there is a potential upside of 11.3%. The day 50 moving average is 56.82 and the 200 moving average now moves to 52.55. The company has a market cap of $15,599m. Company Website: https://www.sqm.com
The potential market cap would be $17,363m based on the market concensus.
Sociedad QuÃmica y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services worldwide. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, such as vegetables, fruits, and industrial crops. 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, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company was founded in 1968 and is headquartered in Santiago, Chile.
