Wacker Chemie AG (WCH) Earns Neutral Rating from DZ Bank AG
Several other equities analysts also recently commented on the stock. Macquarie set a €84.67 ($99.61) target price on shares of Wacker Chemie AG and gave the stock a sell rating in a research report on Friday, September 8th. J P Morgan Chase & Co set a €115.00 ($135.29) target price on shares of Wacker Chemie AG and gave the stock a buy rating in a research report on Monday, June 19th. BNP Paribas set a €100.00 ($117.65) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a report on Monday, July 24th. UBS AG set a €85.00 ($100.00) price target on shares of Wacker Chemie AG and gave the company a sell rating in a report on Monday, July 24th. Finally, Berenberg Bank set a €112.00 ($131.76) price target on shares of Wacker Chemie AG and gave the company a neutral rating in a report on Thursday, September 21st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of €112.59 ($132.46).
Wacker Chemie AG (ETR WCH) opened at 114.96 on Thursday. The firm’s 50 day moving average price is €112.20 and its 200-day moving average price is €101.88. Wacker Chemie AG has a 52 week low of €75.10 and a 52 week high of €124.46. The firm has a market cap of €5.71 billion and a PE ratio of 7.01.
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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.
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