Wacker Chemie AG (WCH) PT Set at €122.00 by J P Morgan Chase & Co
Wacker Chemie AG (ETR:WCH) has been assigned a €122.00 ($143.53) price target by investment analysts at J P Morgan Chase & Co in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.
Other equities analysts also recently issued research reports about the stock. DZ Bank AG reiterated a “buy” rating on shares of Wacker Chemie AG in a report on Tuesday, July 11th. BNP Paribas set a €100.00 ($117.65) price objective on shares of Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Monday, July 24th. UBS AG set a €85.00 ($100.00) price objective on shares of Wacker Chemie AG and gave the stock a “sell” rating in a research note on Monday, July 24th. Commerzbank Ag set a €110.00 ($129.41) price objective on shares of Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Friday, July 28th. Finally, Warburg Research set a €129.00 ($151.76) price objective on shares of Wacker Chemie AG and gave the stock a “buy” rating in a research note on Monday, July 31st. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company. Wacker Chemie AG has a consensus rating of “Hold” and a consensus target price of €112.59 ($132.46).
Shares of Wacker Chemie AG (ETR:WCH) opened at 114.96 on Thursday. The firm’s 50-day moving average is €112.20 and its 200-day moving average is €101.88. Wacker Chemie AG has a 1-year low of €75.10 and a 1-year high of €124.46. The company has a market capitalization of €5.71 billion and a price-to-earnings ratio of 7.01.
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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