Wacker Chemie AG (WCH) Given a €118.00 Price Target by Independent Research GmbH Analysts
Wacker Chemie AG (ETR:WCH) received a €118.00 ($138.82) price target from stock analysts at Independent Research GmbH in a research report issued to clients and investors on Friday. The brokerage currently has a “neutral” rating on the stock.
WCH has been the subject of several other reports. J P Morgan Chase & Co set a €122.00 ($143.53) price objective on shares of Wacker Chemie AG and gave the stock a “buy” rating in a report on Monday, September 25th. Commerzbank Ag set a €110.00 ($129.41) price objective on shares of Wacker Chemie AG and gave the stock a “neutral” rating in a report on Friday, July 28th. Macquarie set a €84.67 ($99.61) price objective on shares of Wacker Chemie AG and gave the stock a “sell” rating in a report on Friday, September 8th. BNP Paribas set a €100.00 ($117.65) price objective on shares of Wacker Chemie AG and gave the stock a “neutral” rating in a report on Monday, July 24th. Finally, UBS AG set a €85.00 ($100.00) price objective on shares of Wacker Chemie AG and gave the stock a “sell” rating in a report on Monday, July 24th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €112.59 ($132.46).
Shares of Wacker Chemie AG (WCH) traded up 0.391% during midday trading on Friday, reaching €116.951. 949 shares of the company’s stock traded hands. The stock has a 50-day moving average price of €112.20 and a 200 day moving average price of €101.88. Wacker Chemie AG has a 12 month low of €75.10 and a 12 month high of €124.46. The firm has a market cap of €5.81 billion and a PE ratio of 7.127.
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Wacker Chemie AG Company Profile
Wacker Chemie AG provides specialty chemical products worldwide. It operates through five divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, Wacker Polysilicon, and Siltronic. The Wacker Silicones division offers silanes, siloxanes, silicone fluids and emulsions, elastomers, resins, pyrogenic silica, and organofunctional silanes, which are primarily used as starting materials in the production of silicones.
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