Wacker Chemie AG (WCH) Given a €120.00 Price Target by UBS AG Analysts
Wacker Chemie AG (ETR:WCH) has been assigned a €120.00 ($141.18) target price by equities research analysts at UBS AG in a note issued to investors on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock.
WCH has been the topic of a number of other research reports. J P Morgan Chase & Co set a €122.00 ($143.53) price target on shares of Wacker Chemie AG and gave the company a “buy” rating in a research note on Monday, September 25th. Macquarie set a €84.67 ($99.61) price target on shares of Wacker Chemie AG and gave the company a “sell” rating in a research note on Friday, September 8th. Commerzbank Ag set a €110.00 ($129.41) price target on shares of Wacker Chemie AG and gave the company a “neutral” rating in a research note on Friday, July 28th. Warburg Research set a €129.00 ($151.76) price target on shares of Wacker Chemie AG and gave the company a “buy” rating in a research note on Monday, July 31st. Finally, Independent Research GmbH set a €110.00 ($129.41) price target on shares of Wacker Chemie AG and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of €111.21 ($130.83).
Wacker Chemie AG (WCH) opened at 116.749 on Friday. The firm has a 50-day moving average of €112.20 and a 200 day moving average of €101.88. Wacker Chemie AG has a 1-year low of €75.10 and a 1-year high of €124.46. The firm has a market cap of €5.80 billion and a price-to-earnings ratio of 7.115.
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About Wacker Chemie AG
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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