Commerzbank Ag set a €115.00 ($135.29) price objective on Wacker Chemie AG (ETR:WCH) in a report issued on Thursday. The brokerage currently has a neutral rating on the stock.
Several other analysts have also recently weighed in on WCH. DZ Bank AG reaffirmed a buy rating on shares of Wacker Chemie AG in a report on Tuesday, July 11th. BNP Paribas set a €100.00 ($117.65) price target on Wacker Chemie AG and gave the company a neutral rating in a report on Monday, July 24th. UBS AG set a €85.00 ($100.00) price target on Wacker Chemie AG and gave the company a sell rating in a report on Monday, July 24th. Warburg Research set a €129.00 ($151.76) price target on Wacker Chemie AG and gave the company a buy rating in a report on Monday, July 31st. Finally, J P Morgan Chase & Co set a €115.00 ($135.29) price target on Wacker Chemie AG and gave the company a buy rating in a report on Monday, July 31st. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €111.33 ($130.98).
Wacker Chemie AG (WCH) opened at 130.753 on Thursday. The firm has a market cap of €6.50 billion and a P/E ratio of 7.968. Wacker Chemie AG has a 1-year low of €75.10 and a 1-year high of €131.90. The company has a 50-day moving average price of €118.51 and a 200-day moving average price of €104.20.
ILLEGAL ACTIVITY WARNING: “Commerzbank Ag Analysts Give Wacker Chemie AG (WCH) a €115.00 Price Target” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of US and international copyright and trademark law. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2017/10/29/commerzbank-ag-analysts-give-wacker-chemie-ag-wch-a-115-00-price-target.html.
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.
Receive News & Ratings for Wacker Chemie AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie AG and related companies with MarketBeat.com's FREE daily email newsletter.