Deutsche Bank set a €180.00 ($214.29) target price on Wacker Chemie (ETR:WCH) in a research report report published on Monday morning. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also recently weighed in on the company. Nord/LB set a €114.00 ($135.71) price target on Wacker Chemie and gave the company a sell rating in a research report on Friday. UBS set a €165.00 ($196.43) price target on Wacker Chemie and gave the company a buy rating in a research report on Thursday, December 7th. Warburg Research set a €147.30 ($175.36) price target on Wacker Chemie and gave the company a neutral rating in a research report on Wednesday, December 6th. Kepler Capital Markets set a €122.00 ($145.24) price target on Wacker Chemie and gave the company a neutral rating in a research report on Tuesday, November 28th. Finally, DZ Bank reiterated a neutral rating on shares of Wacker Chemie in a research report on Friday, November 3rd. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of €124.62 ($148.36).
Wacker Chemie (WCH) opened at €150.00 ($178.57) on Monday. Wacker Chemie has a 12-month low of €88.33 ($105.15) and a 12-month high of €151.80 ($180.71).
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About Wacker Chemie
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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