JPMorgan Chase & Co. set a €132.00 ($153.49) price target on Wacker Chemie (ETR:WCH) in a report published on Friday. The brokerage currently has a neutral rating on the stock.
WCH has been the topic of several other reports. Morgan Stanley set a €125.00 ($145.35) price target on Wacker Chemie and gave the company a neutral rating in a research report on Wednesday, July 25th. UBS Group set a €170.00 ($197.67) price target on Wacker Chemie and gave the company a buy rating in a research report on Friday, August 10th. HSBC set a €150.00 ($174.42) price target on Wacker Chemie and gave the company a buy rating in a research report on Friday, August 24th. Societe Generale set a €150.00 ($174.42) price target on Wacker Chemie and gave the company a buy rating in a research report on Tuesday, July 10th. Finally, Commerzbank set a €140.00 ($162.79) price target on Wacker Chemie and gave the company a buy rating in a research report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €142.92 ($166.18).
Shares of ETR:WCH opened at €112.20 ($130.47) on Friday. Wacker Chemie has a 52-week low of €90.59 ($105.34) and a 52-week high of €175.75 ($204.36).
Wacker Chemie Company Profile
Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.
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