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Rating: SQM
Hold

Sociedad Quimica Y Minera S.a. (NYSE: SQM) reiterated to Hold by HSBC Securities

Tuesday,  Nov 17, 2015  10:25 AM ET by Kristen Bailey

HSBC Securities reiterated Sociedad Quimica Y Minera S.a. (NYSE: SQM) to Hold with today's price of $19.15.
HSBC Securities rated Sociedad Quimica Y Minera S.a. (NYSE: SQM) to Neutral with price target $31 on 11/04/2013, when the price was $28.75. Sociedad Quimica Y Minera S.a.'s stock price lost 33% since then.

Sociedad Quimica Minera Chile SA produces fertilizer and iodine and manufactures industrial chemicals and iodine derivative products. The Company sells its products in over 60 countries throughout the world.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.



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