Nord/LB set a €108.00 ($125.58) price objective on Wacker Chemie (ETR:WCH) in a research report report published on Thursday morning. The brokerage currently has a buy rating on the stock.
WCH has been the subject of several other reports. Commerzbank set a €140.00 ($162.79) price target on Wacker Chemie and gave the company a buy rating in a report on Thursday, July 26th. UBS Group set a €170.00 ($197.67) price target on Wacker Chemie and gave the company a buy rating in a report on Friday, August 10th. Baader Bank set a €175.00 ($203.49) price target on Wacker Chemie and gave the company a buy rating in a report on Wednesday, August 22nd. Citigroup set a €123.00 ($143.02) price target on Wacker Chemie and gave the company a neutral rating in a report on Friday, October 5th. Finally, Hauck & Aufhaeuser set a €149.00 ($173.26) price target on Wacker Chemie and gave the company a buy rating in a report on Friday, October 19th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of €125.32 ($145.73).
Shares of WCH opened at €91.06 ($105.88) on Thursday. Wacker Chemie has a twelve month low of €90.59 ($105.34) and a twelve month high of €175.75 ($204.36).
About Wacker Chemie
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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