Several other equities research analysts have also recently issued reports on WCH. JPMorgan Chase & Co. set a €122.00 ($150.62) target price on Wacker Chemie and gave the stock a buy rating in a report on Thursday, October 26th. Commerzbank set a €115.00 ($141.98) target price on Wacker Chemie and gave the stock a neutral rating in a report on Thursday, October 26th. Independent Research set a €132.00 ($162.96) target price on Wacker Chemie and gave the stock a neutral rating in a report on Friday, October 27th. Citigroup set a €76.00 ($93.83) target price on Wacker Chemie and gave the stock a sell rating in a report on Friday, October 27th. Finally, Kepler Capital Markets set a €122.00 ($150.62) price objective on Wacker Chemie and gave the stock a neutral rating in a research note on Friday, October 27th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €145.42 ($179.53).
Shares of Wacker Chemie (ETR:WCH) opened at €139.15 ($171.79) on Friday. Wacker Chemie has a twelve month low of €90.59 ($111.84) and a twelve month high of €175.75 ($216.98). The stock has a market capitalization of $7,260.00 and a PE ratio of 31.77.
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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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