Wacker Chemie AG (WCH) Receives Average Rating of “Hold” from Analysts

Shares of Wacker Chemie AG (ETR:WCH) have been assigned an average rating of “Hold” from the sixteen ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is €134.00 ($159.52).

A number of equities research analysts have issued reports on the company. Societe Generale set a €116.00 ($138.10) price target on Wacker Chemie and gave the stock a “neutral” rating in a research note on Thursday, October 5th. JPMorgan Chase & Co. set a €122.00 ($145.24) price target on Wacker Chemie and gave the stock a “buy” rating in a research note on Thursday, October 26th. Deutsche Bank set a €180.00 ($214.29) price target on Wacker Chemie and gave the stock a “buy” rating in a research note on Monday, December 11th. Commerzbank set a €200.00 ($238.10) price target on Wacker Chemie and gave the stock a “buy” rating in a research note on Thursday. Finally, Warburg Research set a €129.00 ($153.57) price target on Wacker Chemie and gave the stock a “neutral” rating in a research note on Friday, October 6th.

Shares of Wacker Chemie (ETR:WCH) opened at €171.00 ($203.57) on Friday. The company has a market cap of $8,820.00 and a price-to-earnings ratio of 39.04. Wacker Chemie has a 52 week low of €90.59 ($107.85) and a 52 week high of €164.30 ($195.60).

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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.

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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