UBS Analysts Give Wacker Chemie (WCH) a €165.00 Price Target
UBS set a €165.00 ($196.43) target price on Wacker Chemie (ETR:WCH) in a research report released on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently commented on WCH. Macquarie set a €84.67 ($100.80) price objective on shares of Wacker Chemie and gave the stock a sell rating in a report on Friday, September 8th. Berenberg Bank set a €112.00 ($133.33) price objective on shares of Wacker Chemie and gave the stock a neutral rating in a report on Thursday, September 21st. DZ Bank reaffirmed a buy rating on shares of Wacker Chemie in a report on Thursday, September 21st. Warburg Research set a €129.00 ($153.57) price objective on shares of Wacker Chemie and gave the stock a buy rating in a report on Monday, September 25th. Finally, J P Morgan Chase & Co set a €122.00 ($145.24) price objective on shares of Wacker Chemie and gave the stock a buy rating in a report on Monday, September 25th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €120.93 ($143.97).
Wacker Chemie (ETR:WCH) opened at €142.85 ($170.06) on Thursday. Wacker Chemie has a 1-year low of €88.00 ($104.76) and a 1-year high of €143.65 ($171.01).
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Wacker Chemie 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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