Shares of Wacker Chemie AG (ETR:WCH) have earned an average rating of “Hold” from the ten brokerages that are covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is €110.70 ($130.24).

WCH has been the subject of several research reports. BNP Paribas set a €100.00 ($117.65) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Morgan Stanley set a €98.00 ($115.29) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €101.00 ($118.82) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Monday, June 5th. Nord/LB set a €100.00 ($117.65) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Finally, DZ Bank AG set a €122.00 ($143.53) price objective on Wacker Chemie AG and gave the stock a “buy” rating in a research note on Tuesday, August 1st.

TRADEMARK VIOLATION NOTICE: “Wacker Chemie AG (WCH) Receives Average Rating of “Hold” from Brokerages” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/08/08/wacker-chemie-ag-wch-receives-average-rating-of-hold-from-brokerages.html.

Shares of Wacker Chemie AG (ETR WCH) opened at 106.721 on Tuesday. Wacker Chemie AG has a 12 month low of €70.98 and a 12 month high of €115.01. The stock has a 50 day moving average price of €98.65 and a 200 day moving average price of €100.90. The stock has a market capitalization of €5.30 billion and a P/E ratio of 6.503.

About Wacker Chemie AG

Analyst Recommendations for Wacker Chemie AG (ETR:WCH)

Receive News & Ratings for Wacker Chemie AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie AG and related companies with MarketBeat.com's FREE daily email newsletter.