Breaking Down Sociedad Quimica Y Minera: 7 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Sociedad Quimica Y Minera (NYSE:SQM) was analyzed by 7 analysts, showing a mix of sentiments with 5 somewhat bullish, 1 indifferent, and 1 somewhat bearish. The average 12-month price target is now $70.21, down from $80.00, with a high estimate of $84.00 and a low of $54.50. Analysts from firms including Scotiabank, Goldman Sachs, JP Morgan, BMO Capital, and B of A Securities have adjusted their ratings and price targets. SQM's financial performance shows a -37.79% decline in revenue growth, a high net margin of 26.05%, an ROE of 9.44%, an ROA of 4.45%, and a debt-to-equity ratio of 0.7.

January 02, 2024 | 7:00 pm
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Analysts have mixed opinions on SQM, with a downward revision in the average price target to $70.21. The company's financials indicate a significant revenue decline but strong profitability metrics.
The reduction in the average price target suggests a bearish outlook from analysts, which could negatively impact investor sentiment and the stock price in the short term. However, strong profitability metrics may provide some support.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100