Kepler Capital Markets set a €145.00 ($179.01) price objective on Wacker Chemie (ETR:WCH) in a report released on Monday. The firm currently has a sell rating on the stock.
WCH has been the topic of several other research reports. UBS Group set a €120.00 ($148.15) target price on Wacker Chemie and gave the stock a neutral rating in a report on Friday, October 6th. JPMorgan Chase & Co. set a €122.00 ($150.62) target price on Wacker Chemie and gave the stock a buy rating in a report on Thursday, October 5th. HSBC set a €155.00 ($191.36) target price on Wacker Chemie and gave the stock a neutral rating in a report on Monday, January 22nd. Berenberg Bank set a €155.00 ($191.36) target price on Wacker Chemie and gave the stock a buy rating in a report on Monday, October 30th. Finally, Nord/LB set a €114.00 ($140.74) target price on Wacker Chemie and gave the stock a sell rating in a report on Friday, December 8th. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €145.50 ($179.63).
Shares of Wacker Chemie (WCH) opened at €158.00 ($195.06) on Monday. The firm has a market capitalization of $8,230.00 and a price-to-earnings ratio of 36.07. Wacker Chemie has a 52-week low of €90.59 ($111.84) and a 52-week high of €175.75 ($216.98).
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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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