Warburg Research set a €174.00 ($204.71) target price on Wacker Chemie (ETR:WCH) in a report released on Tuesday morning, Borsen Zeitung reports.
A number of other research firms have also recently commented on WCH. UBS Group set a €190.00 ($223.53) price objective on Wacker Chemie in a research report on Thursday, September 16th. Barclays set a €175.00 ($205.88) price objective on Wacker Chemie in a research report on Thursday, September 2nd. Nord/LB set a €153.00 ($180.00) price target on Wacker Chemie in a report on Thursday, September 16th. Kepler Capital Markets set a €143.00 ($168.24) price target on Wacker Chemie and gave the company a neutral rating in a report on Friday, June 25th. Finally, Baader Bank set a €165.00 ($194.12) price target on Wacker Chemie in a report on Thursday, September 16th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of Hold and a consensus price target of €155.91 ($183.42).
Wacker Chemie stock opened at €155.10 ($182.47) on Tuesday. Wacker Chemie has a 12 month low of €75.38 ($88.68) and a 12 month high of €159.45 ($187.59). The business’s fifty day simple moving average is €139.76 and its two-hundred day simple moving average is €131.67. The company has a current ratio of 3.01, a quick ratio of 1.91 and a debt-to-equity ratio of 61.39. The company has a market capitalization of $7.71 billion and a price-to-earnings ratio of 19.15.
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, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silicas for use in construction, electronics, automotive, personal care, paint, and coating solutions.
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