Commerzbank set a €200.00 ($238.10) price target on Wacker Chemie (ETR:WCH) in a research report report published on Thursday. The brokerage currently has a buy rating on the stock.
A number of other equities research analysts also recently weighed in on WCH. set a €135.00 ($160.71) price target on Wacker Chemie and gave the stock a neutral rating in a research note on Monday, October 30th. Morgan Stanley set a €128.00 ($152.38) price target on Wacker Chemie and gave the stock a neutral rating in a research note on Tuesday, December 26th. BNP Paribas set a €110.00 ($130.95) price target on Wacker Chemie and gave the stock a neutral rating in a research note on Friday, October 6th. Warburg Research set a €129.00 ($153.57) price target on Wacker Chemie and gave the stock a neutral rating in a research note on Friday, October 6th. Finally, Independent Research set a €118.00 ($140.48) price objective on Wacker Chemie and gave the company a neutral rating in a report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. Wacker Chemie presently has an average rating of Hold and an average price target of €133.25 ($158.63).
Wacker Chemie (ETR:WCH) traded up €1.60 ($1.90) during trading on Thursday, reaching €170.80 ($203.33). The company’s stock had a trading volume of 171,342 shares, compared to its average volume of 109,502. Wacker Chemie has a 12 month low of €90.59 ($107.85) and a 12 month high of €164.30 ($195.60). The firm has a market capitalization of $8,820.00 and a P/E ratio of 39.00.
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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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