Sociedad Quimica y Minera S.A. found using ticker (SQM) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 108 and 37.6 with the average target price sitting at 74.12. Given that the stocks previous close was at 85.6 this now indicates there is a potential downside of -13.4%. The day 50 moving average is 67.47 and the 200 day moving average is 57.03. The market capitalisation for the company is $25,350m. Company Website: https://www.sqm.com
The potential market cap would be $21,951m 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. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. 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, as well as ingredient in manufacturing of gunpowder. 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 operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. Sociedad QuÃmica y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
