Wacker Chemie (ETR:WCH) Given a €98.00 Price Target at UBS Group

Wacker Chemie (ETR:WCH) has been assigned a €98.00 ($113.95) price target by equities research analysts at UBS Group in a research note issued to investors on Friday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 52.51% from the company’s current price.

Several other equities research analysts have also recently weighed in on WCH. HSBC set a €62.00 ($72.09) price objective on Wacker Chemie and gave the stock a “neutral” rating in a report on Wednesday, November 20th. Independent Research set a €65.00 ($75.58) target price on Wacker Chemie and gave the company a “neutral” rating in a research note on Friday. Credit Suisse Group set a €61.00 ($70.93) target price on Wacker Chemie and gave the company a “neutral” rating in a research note on Monday, October 21st. JPMorgan Chase & Co. set a €63.00 ($73.26) target price on Wacker Chemie and gave the company a “neutral” rating in a report on Friday. Finally, Warburg Research set a €70.60 ($82.09) price target on Wacker Chemie and gave the stock a “neutral” rating in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of €74.90 ($87.09).

Shares of ETR:WCH opened at €64.26 ($74.72) on Friday. Wacker Chemie has a 1 year low of €57.86 ($67.28) and a 1 year high of €97.92 ($113.86). The company has a market cap of $3.19 billion and a PE ratio of 23.61. The company has a debt-to-equity ratio of 48.87, a current ratio of 2.68 and a quick ratio of 1.57. The stock’s 50-day moving average is €66.76 and its 200 day moving average is €67.66.

Wacker Chemie Company Profile

Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.

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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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