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Analysts Offer Insights on Materials Companies: Southern Copper (SCCO) and Sociedad Quimica Y Minera SA (SQM)

Tipranks - Tue Jan 13, 1:36PM CST

Analysts have been eager to weigh in on the Materials sector with new ratings on Southern Copper (SCCOResearch Report) and Sociedad Quimica Y Minera SA (SQMResearch Report).

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Southern Copper (SCCO)

In a report released yesterday, Alexander Hacking from Citi maintained a Sell rating on Southern Copper, with a price target of $152.00. The company’s shares closed last Monday at $176.98.

According to TipRanks.com, Hacking is a 5-star analyst with an average return of 20.0% and a 65.8% success rate. Hacking covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Novagold Resources New, and Warrior Met Coal. ;'>

Currently, the analyst consensus on Southern Copper is a Moderate Sell with an average price target of $125.28.

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Sociedad Quimica Y Minera SA (SQM)

Scotiabank analyst Ben Isaacson maintained a Buy rating on Sociedad Quimica Y Minera SA today and set a price target of $90.00. The company’s shares closed last Monday at $78.09.

According to TipRanks.com, Isaacson is a 4-star analyst with an average return of 6.7% and a 49.5% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Lithium Americas Corp., and Lithium Argentina. ;'>

Sociedad Quimica Y Minera SA has an analyst consensus of Hold, with a price target consensus of $62.55.

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