Wacker Chemie (WCH) Given a €150.00 Price Target at HSBC
Several other research firms have also issued reports on WCH. JPMorgan Chase & Co. set a €132.00 ($150.00) target price on shares of Wacker Chemie and gave the company a neutral rating in a report on Thursday, July 26th. Commerzbank set a €145.00 ($164.77) target price on shares of Wacker Chemie and gave the company a buy rating in a report on Wednesday, August 1st. Warburg Research set a €162.50 ($184.66) price target on shares of Wacker Chemie and gave the company a buy rating in a research report on Monday, August 6th. Nord/LB set a €130.00 ($147.73) price target on shares of Wacker Chemie and gave the company a neutral rating in a research report on Monday, July 30th. Finally, UBS Group set a €170.00 ($193.18) price target on shares of Wacker Chemie and gave the company a buy rating in a research report on Thursday, July 5th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of €139.85 ($158.92).
WCH stock opened at €125.80 ($142.95) on Friday. Wacker Chemie has a 52-week low of €90.59 ($102.94) and a 52-week high of €175.75 ($199.72).
Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.
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