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Shares of Sociedad Quimica y Minera de Chile S.A. (SQM) have surpassed the average analyst 12-month target price of $81.43, currently trading at $83.61 per share. Analysts are set to either downgrade the valuation or increase the target based on current business developments.
Within the Zacks coverage universe, the average target price stems from seven analysts, with a wide range between a low of $50.00 and a high of $107.00, resulting in a standard deviation of $21.415. Recent ratings for SQM indicate 3 strong buy ratings, 2 hold ratings, 1 sell rating, and 1 strong sell rating, with an average rating of 2.47 on a scale where 1 is strong buy and 5 is strong sell.
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