Wacker Chemie (WCH) Given a €200.00 Price Target at Commerzbank

Wacker Chemie (ETR:WCH) has been assigned a €200.00 ($238.10) price objective by investment analysts at Commerzbank in a research report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Commerzbank’s price objective suggests a potential upside of 16.45% from the stock’s previous close.

WCH has been the topic of a number of other reports. UBS Group set a €120.00 ($142.86) target price on shares of Wacker Chemie and gave the stock a “neutral” rating in a research note on Friday, October 6th. Warburg Research set a €129.00 ($153.57) target price on shares of Wacker Chemie and gave the stock a “buy” rating in a research note on Monday, September 25th. JPMorgan Chase & Co. set a €122.00 ($145.24) target price on shares of Wacker Chemie and gave the stock a “buy” rating in a research note on Thursday, October 5th. HSBC set a €155.00 ($184.52) target price on shares of Wacker Chemie and gave the stock a “neutral” rating in a research note on Monday. Finally, Berenberg Bank set a €155.00 ($184.52) target price on shares of Wacker Chemie and gave the stock a “buy” rating in a research note on Monday, October 30th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €144.22 ($171.69).

Wacker Chemie (ETR:WCH) opened at €171.75 ($204.46) on Tuesday. Wacker Chemie has a 12 month low of €90.59 ($107.85) and a 12 month high of €175.75 ($209.23). The firm has a market cap of $8,960.00 and a P/E ratio of 39.21.

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About Wacker Chemie

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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