DZ Bank AG Reaffirms Neutral Rating for Wacker Chemie AG (WCH)

Wacker Chemie AG (ETR:WCH)‘s stock had its “neutral” rating reiterated by equities research analysts at DZ Bank AG in a research report issued on Friday.

Several other research analysts have also weighed in on the stock. Warburg Research set a €144.60 ($170.12) target price on shares of Wacker Chemie AG and gave the stock a “neutral” rating in a research report on Thursday. HSBC Holdings plc set a €135.00 ($158.82) price target on shares of Wacker Chemie AG and gave the company a “neutral” rating in a research report on Monday. Berenberg Bank set a €155.00 ($182.35) price target on shares of Wacker Chemie AG and gave the company a “buy” rating in a research report on Monday. Kepler Capital Markets set a €122.00 ($143.53) price target on shares of Wacker Chemie AG and gave the company a “neutral” rating in a research report on Friday, October 27th. Finally, Citigroup Inc. set a €76.00 ($89.41) price target on shares of Wacker Chemie AG and gave the company a “sell” rating in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €116.82 ($137.43).

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About Wacker Chemie AG

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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