Independent Research Analysts Give Wacker Chemie (WCH) a €175.00 Price Target

Wacker Chemie (ETR:WCH) has been assigned a €175.00 ($208.33) target price by research analysts at Independent Research in a research report issued to clients and investors on Tuesday. The firm presently has a “neutral” rating on the stock. Independent Research’s target price would indicate a potential upside of 2.85% from the company’s previous close.

Several other equities analysts have also commented on WCH. Berenberg Bank set a €112.00 ($133.33) price target on shares of Wacker Chemie and gave the company a “neutral” rating in a research note on Thursday, September 21st. DZ Bank reiterated a “buy” rating on shares of Wacker Chemie in a research note on Thursday, September 21st. Warburg Research set a €129.00 ($153.57) price target on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Monday, September 25th. JPMorgan Chase & Co. set a €122.00 ($145.24) price target on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Monday, September 25th. Finally, Kepler Capital Markets set a €122.00 ($145.24) price target on shares of Wacker Chemie and gave the company a “neutral” rating in a research note on Thursday, October 5th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €138.62 ($165.03).

Wacker Chemie (WCH) opened at €170.15 ($202.56) on Tuesday. The company has a market cap of $8,780.00 and a P/E ratio of 38.85. Wacker Chemie has a one year low of €90.59 ($107.85) and a one year high of €173.50 ($206.55).

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Wacker Chemie 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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