Wacker Chemie AG (WCH) Given a €110.00 Price Target at BNP Paribas
A number of other research firms have also recently commented on WCH. Societe Generale set a €116.00 ($136.47) price target on Wacker Chemie AG and gave the stock a neutral rating in a report on Thursday. Nord/LB set a €100.00 ($117.65) price target on Wacker Chemie AG and gave the stock a neutral rating in a report on Wednesday, August 2nd. DZ Bank AG set a €122.00 ($143.53) price target on Wacker Chemie AG and gave the stock a buy rating in a report on Tuesday, August 1st. Warburg Research set a €129.00 ($151.76) price target on Wacker Chemie AG and gave the stock a neutral rating in a report on Friday. Finally, J P Morgan Chase & Co set a €115.00 ($135.29) price target on Wacker Chemie AG and gave the stock a buy rating in a report on Monday, June 19th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €112.59 ($132.46).
Shares of Wacker Chemie AG (WCH) traded down 1.32% during midday trading on Friday, reaching €114.96. 999 shares of the company were exchanged. Wacker Chemie AG has a 12-month low of €75.10 and a 12-month high of €124.46. The company has a 50 day moving average price of €112.20 and a 200-day moving average price of €101.88. The stock has a market capitalization of €5.71 billion and a P/E 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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