DZ Bank AG reissued their buy rating on shares of Wacker Chemie AG (ETR:WCH) in a research note released on Thursday morning.

A number of other brokerages have also recently weighed in on WCH. UBS AG set a €110.00 ($130.95) price target on Wacker Chemie AG and gave the company a neutral rating in a research report on Monday, August 7th. Nord/LB set a €100.00 ($119.05) price objective on Wacker Chemie AG and gave the stock a neutral rating in a research report on Wednesday, August 2nd. Independent Research GmbH set a €110.00 ($130.95) price objective on Wacker Chemie AG and gave the stock a neutral rating in a research report on Wednesday, August 2nd. Warburg Research set a €129.00 ($153.57) price objective on Wacker Chemie AG and gave the stock a buy rating in a research report on Monday, July 31st. Finally, J P Morgan Chase & Co set a €115.00 ($136.90) price objective on Wacker Chemie AG and gave the stock a buy rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €108.64 ($129.33).

Wacker Chemie AG (WCH) opened at 117.801 on Thursday. The stock’s 50 day moving average is €106.92 and its 200 day moving average is €100.49. The firm has a market cap of €5.85 billion and a PE ratio of 7.179. Wacker Chemie AG has a 12 month low of €70.98 and a 12 month high of €118.40.

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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.

Analyst Recommendations for Wacker Chemie AG (ETR:WCH)

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