Sociedad Química y Minera de Chile (SQM) Stock Forecast & Price Target

$47.85
-0.12 (-0.25%)
(As of 05/17/2024 ET)

Sociedad Química y Minera de Chile Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

$65.18
36.22% Upside
High Forecast$90.50
Average Forecast$65.18
Low Forecast$42.00
TypeCurrent Forecast
5/20/23 to 5/19/24
1 Month Ago
4/20/23 to 4/19/24
3 Months Ago
2/19/23 to 2/19/24
1 Year Ago
5/20/22 to 5/20/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$65.18$65.98$69.11$91.38
Predicted Upside36.22% Upside23.28% Upside23.42% Upside12.50% Upside
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SQM Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SQM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Sociedad Química y Minera de Chile Stock vs. The Competition

TypeSociedad Química y Minera de ChileBasic Materials CompaniesS&P 500
Consensus Rating Score
2.44
2.58
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside36.22% Upside433.20% Upside7.85% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/23/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$54.50 ➝ $46.50+3.73%
4/19/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$48.00 ➝ $42.00-7.26%
4/8/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$52.00 ➝ $62.80+31.91%
3/4/2024Scotiabank
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B. Isaacson
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Lower TargetSector Outperform ➝ Sector Outperform$80.00 ➝ $70.00+45.86%
3/1/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$75.00 ➝ $70.00+37.47%
2/6/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$64.00 ➝ $55.00+36.31%
10/18/2023Bank of America
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 Reiterated RatingNeutral ➝ Underperform$69.00 ➝ $59.00-0.76%
9/12/2023Citigroup
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 Initiated CoverageBuy$85.00+46.17%
8/28/2023Loop Capital
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 Lower TargetHold ➝ Hold$83.00 ➝ $71.00+11.71%
7/6/2023HSBC
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 Lower Target$134.00 ➝ $90.50+18.70%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:10 PM ET.

SQM Price Target - Frequently Asked Questions

What is Sociedad Química y Minera de Chile's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Sociedad Química y Minera de Chile stock is Hold based on the current 1 sell rating, 3 hold ratings and 5 buy ratings for SQM. The average twelve-month price prediction for Sociedad Química y Minera de Chile is $65.18 with a high price target of $90.50 and a low price target of $42.00. Learn more on SQM's analyst rating history.

Do Wall Street analysts like Sociedad Química y Minera de Chile more than its competitors?

Analysts like Sociedad Química y Minera de Chile less than other Basic Materials companies. The consensus rating for Sociedad Química y Minera de Chile is Hold while the average consensus rating for basic materials companies is Moderate Buy. Learn more on how SQM compares to other companies.

Is Sociedad Química y Minera de Chile being upgraded by Wall Street analysts?

Over the previous 90 days, Sociedad Química y Minera de Chile's stock had 1 upgrade by analysts.

Does Sociedad Química y Minera de Chile's stock price have much upside?

According to analysts, Sociedad Química y Minera de Chile's stock has a predicted upside of 24.77% based on their 12-month stock forecasts.

What analysts cover Sociedad Química y Minera de Chile?

Sociedad Química y Minera de Chile has been rated by BMO Capital Markets, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, Scotiabank, and The Goldman Sachs Group in the past 90 days.


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This page (NYSE:SQM) was last updated on 5/19/2024 by MarketBeat.com Staff

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