WCH has been the topic of a number of other research reports. Berenberg Bank set a €155.00 ($191.36) price target on Wacker Chemie and gave the stock a buy rating in a research report on Monday, October 30th. Deutsche Bank set a €180.00 ($222.22) price objective on Wacker Chemie and gave the stock a buy rating in a report on Monday, December 11th. Nord/LB set a €114.00 ($140.74) price objective on Wacker Chemie and gave the stock a sell rating in a report on Friday, November 17th. Kepler Capital Markets set a €122.00 ($150.62) price objective on Wacker Chemie and gave the stock a neutral rating in a report on Tuesday, November 28th. Finally, UBS Group set a €165.00 ($203.70) price objective on Wacker Chemie and gave the stock a buy rating in a report on Thursday, December 7th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of €145.55 ($179.70).
Wacker Chemie (WCH) traded down €0.80 ($0.99) during midday trading on Friday, hitting €139.05 ($171.67). The stock had a trading volume of 361,871 shares, compared to its average volume of 175,794. The firm has a market capitalization of $7,410.00 and a price-to-earnings ratio of 31.75. Wacker Chemie has a 52 week low of €90.59 ($111.84) and a 52 week high of €175.75 ($216.98).
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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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