Wacker Chemie (WCH) Receives €146.78 Consensus PT from Analysts

Wacker Chemie (ETR:WCH) has received an average recommendation of “Hold” from the nineteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is €146.78 ($174.73).

Several research analysts have recently weighed in on the company. Independent Research set a €170.00 ($202.38) target price on Wacker Chemie and gave the stock a “neutral” rating in a report on Thursday, February 8th. Commerzbank set a €200.00 ($238.10) target price on Wacker Chemie and gave the stock a “buy” rating in a report on Thursday, February 8th. Kepler Capital Markets set a €145.00 ($172.62) target price on Wacker Chemie and gave the stock a “sell” rating in a report on Monday, January 29th. Baader Bank set a €180.00 ($214.29) target price on Wacker Chemie and gave the stock a “buy” rating in a report on Thursday, March 22nd. Finally, UBS set a €170.00 ($202.38) target price on Wacker Chemie and gave the stock a “buy” rating in a report on Thursday, April 12th.

Shares of Wacker Chemie stock traded down €2.05 ($2.44) on Thursday, hitting €151.90 ($180.83). 151,456 shares of the company were exchanged, compared to its average volume of 218,420. Wacker Chemie has a 1-year low of €90.59 ($107.85) and a 1-year high of €175.75 ($209.23).

Wacker Chemie Company Profile

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.

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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