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Sociedad Quimica y Minera S.A. (NYSE:SQM) target price raised to $38.00, issued a report today by Deutsche Bank

Yesterday Sociedad Quimica y Minera S.A. (NYSE:SQM) traded -2.28% lower at $35.51. The company’s 50-day moving average is $53.08 and its 200-day moving average is $40.72. The last stock close price is down 41.20% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 511,294 shares of the stock were exchanged, down from an average trading volume of 1,175,220

Sociedad Quimica y Minera S.A. (NYSE:SQM) had its target price raised to $38.00 by Deutsche Bank in a report released 5/23/2017. The new target price indicates a possible upside of 0.07% based on the company's last stock close price.

Previously on Friday May 19, 2017, BMO Capital Markets reported about Sociedad Quimica y Minera S.A. (NYSE:SQM) raised the target price from $0.00 to $30.00. At the time, this indicated a possible downside of -0.16%.

See Chart Below

Sociedad Quimica y Minera S.A. (NYSE:SQM)

Sociedad Quimica y Minera S.A. has a 52 week low of $26.28 and a 52 week high of $63.80 with a P/E ratio of 54.25 The company’s market cap is currently $0.

About Sociedad Quimica y Minera S.A. (NYSE:SQM)

Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals. Its segments include specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and other products and services. Specialty plant nutrients are fertilizers that enable farmers to improve yields and the quality of certain crops. Industrial chemicals have a range of applications in chemical processes, such as the manufacturing of glass and industrial nitrates. Iodine and its derivatives are used in the X-ray contrast media and biocides industries, among others. Lithium and its derivatives are used in batteries, greases and frits for production of ceramics. Potassium chloride is a commodity fertilizer that is produced and sold by the Company across the world.

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