Wacker Chemie AG (ETR:WCH) Receives €102.40 Average Price Target from Analysts

Shares of Wacker Chemie AG (ETR:WCH) have been assigned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is €102.40 ($117.70).

A number of research analysts have issued reports on WCH shares. Nord/LB set a €98.00 ($112.64) target price on Wacker Chemie AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. Morgan Stanley set a €98.00 ($112.64) target price on Wacker Chemie AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. BNP Paribas set a €100.00 ($114.94) target price on Wacker Chemie AG and gave the company a “neutral” rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €115.00 ($132.18) target price on Wacker Chemie AG and gave the company a “buy” rating in a research report on Monday, June 19th. Finally, Kepler Capital Markets set a €101.00 ($116.09) target price on Wacker Chemie AG and gave the company a “neutral” rating in a research report on Monday, June 5th.

Shares of Wacker Chemie AG (ETR:WCH) traded down 0.554% during midday trading on Friday, reaching €98.769. 975 shares of the company’s stock were exchanged. Wacker Chemie AG has a 12 month low of €70.98 and a 12 month high of €115.01. The company’s 50 day moving average is €96.62 and its 200-day moving average is €100.88. The stock has a market cap of €4.91 billion and a PE ratio of 6.025.

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