Wacker Chemie AG (WCH) Receives Average Recommendation of “Hold” from Brokerages
Wacker Chemie AG (ETR:WCH) has been given an average recommendation of “Hold” by the sixteen analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is €124.80 ($148.57).
Several analysts have weighed in on WCH shares. Deutsche Bank set a €180.00 ($214.29) target price on Wacker Chemie and gave the company a “buy” rating in a report on Monday. Nord/LB set a €114.00 ($135.71) price objective on Wacker Chemie and gave the company a “sell” rating in a research note on Friday. UBS set a €165.00 ($196.43) price objective on Wacker Chemie and gave the company a “buy” rating in a research note on Thursday. Warburg Research set a €147.30 ($175.36) price target on Wacker Chemie and gave the stock a “neutral” rating in a research note on Wednesday, December 6th. Finally, Kepler Capital Markets set a €122.00 ($145.24) price target on Wacker Chemie and gave the stock a “neutral” rating in a research note on Tuesday, November 28th.
Shares of Wacker Chemie (ETR WCH) opened at €149.15 ($177.56) on Monday. Wacker Chemie has a fifty-two week low of €88.00 ($104.76) and a fifty-two week high of €143.65 ($171.01).
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About Wacker Chemie
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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