Wacker Chemie AG (ETR:WCH) has been given a €120.00 ($141.18) price target by analysts at UBS AG in a report issued on Friday, October 6th, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the stock.
A number of other equities analysts have also weighed in on the company. Warburg Research set a €129.00 ($151.76) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Friday, October 6th. DZ Bank AG reissued a “neutral” rating on shares of Wacker Chemie AG in a research note on Thursday, October 5th. J P Morgan Chase & Co set a €122.00 ($143.53) price objective on Wacker Chemie AG and gave the stock a “buy” rating in a research note on Thursday, October 5th. Societe Generale set a €116.00 ($136.47) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Thursday, October 5th. Finally, Kepler Capital Markets set a €122.00 ($143.53) price objective on Wacker Chemie AG and gave the stock a “neutral” rating in a research note on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of €112.59 ($132.46).
Wacker Chemie AG (ETR:WCH) opened at 120.00 on Friday. Wacker Chemie AG has a 1-year low of €75.10 and a 1-year high of €124.46. The company has a market capitalization of €5.96 billion and a price-to-earnings ratio of 7.31. The firm has a 50 day moving average of €114.69 and a 200-day moving average of €102.75.
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About Wacker Chemie AG
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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