Sociedad Quimica y Minera SA (SQM) Sees 52-Week High

Ruben Hill
August 23, 2017

06/06/2016 - Sociedad Quimica y Minera S.A. was upgraded to "outperform" by analysts at Scotiabank. The fund owned 20,300 shares of the basic materials company's stock at the end of the second quarter. About shares traded. CBRE Group Inc (NYSE:CBG) has risen 21.33% since August 21, 2016 and is uptrending.

Sociedad Quimica y Minera de Chile S.A. (SQM), launched on June 29, 1968, is a producer of potassium nitrate and iodine. It has outperformed by 53.10% the S&P500.

After an investor has figured out their financial and investment goals, they may be interested in designing a specific stock portfolio that will serve those goals and help create and sustain profits well into the future. It was reported on Aug, 22 by Barchart.com. If the $46.59 price target is reached, the company will be worth $740.60 million more. Another trade for 5,056 shares valued at $180,001 was made by MALEK FREDERIC V on Monday, February 27.

Taking a deeper look into the technical levels of Sociedad Quimica y Minera de Chile SA (SQM), we can see that the Williams Percent Range or 14 day Williams %R now sits at -5.95. Therefore 29% are positive. Sociedad Quimica y Minera has a 1-year low of $24.51 and a 1-year high of $43.84. We can set aside oscillators, stochastics, and any other precise measure of momentum, this is easy to see: Sociedad Quimica y Minera S.A. has a five bull (highest rated) technical rating and may be having a technical breakout right now because it's trading through resistance. Zacks Investment Research raised Sociedad Quimica y Minera from a "hold" rating to a "buy" rating and set a $38.00 price objective for the company in a research note on Wednesday, June 21st. On Wednesday, January 25 the stock rating was upgraded by Citigroup to "Neutral". The company was downgraded on Wednesday, July 13 by Citigroup. The stock has "Hold" rating by BMO Capital Markets on Thursday, July 6. The stock's market capitalization is 11.51B.

10/19/2016 - Sociedad Quimica y Minera S.A. was upgraded to "buy" by analysts at HSBC. Deutsche Bank AG lifted their price objective on Sociedad Quimica y Minera from $36.00 to $38.00 and gave the company a "hold" rating in a research note on Monday, May 22nd. The stock has "Hold" rating by HSBC on Tuesday, November 17.

Let's also take a brief look at the stock price in relation to some highs/lows and moving averages. CBRE Group had 16 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Tuesday, December 8 by Santander. Recently, analysts have updated the overall rating to 2.8. SQM's SI was 1.42 million shares in August as released by FINRA. As per Friday, August 12, the company rating was downgraded by Robert W. Baird. As per Friday, May 5, the company rating was upgraded by Robert W. Baird. Its up 0.50, from 0.98 in 2016Q3. It fall, as 62 investors sold CBG shares while 151 reduced holdings. Kanaly Tru holds 60 shares. Mackenzie Corporation accumulated 91,568 shares or 0.02% of the stock. The dividend payment was $0.195 per share for the quarter or $0.78 on an annualized basis. Federated Inc Pa has 2.37M shares for 0.22% of their portfolio. The United Kingdom-based Standard Life Investments Limited has invested 0.11% in CBRE Group Inc (NYSE:CBG).

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