Morgan Stanley set a €128.00 ($152.38) price target on Wacker Chemie (ETR:WCH) in a report released on Wednesday, December 20th. The firm currently has a neutral rating on the stock.
Several other research analysts have also recently commented 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. 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. Independent Research set a €118.00 ($140.48) price target on Wacker Chemie and gave the stock a neutral rating in a research note on Friday, October 6th. Finally, UBS Group set a €120.00 ($142.86) price objective on Wacker Chemie and gave the company a neutral rating in a research note on Friday, October 6th. Three equities research 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’s stock. The stock has a consensus rating of Hold and an average target price of €135.94 ($161.83).
Shares of Wacker Chemie (ETR WCH) traded down €0.20 ($0.24) on Wednesday, hitting €167.45 ($199.35). The company’s stock had a trading volume of 147,474 shares, compared to its average volume of 129,111. The firm has a market capitalization of $8,760.00 and a PE ratio of 38.23. Wacker Chemie has a 12 month low of €90.59 ($107.85) and a 12 month high of €173.50 ($206.55).
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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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