Warburg Research set a €144.60 ($170.12) target price on Wacker Chemie AG (ETR:WCH) in a research note issued to investors on Thursday, November 2nd. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently weighed in on WCH. DZ Bank AG restated a buy rating on shares of Wacker Chemie AG in a research report on Tuesday, July 11th. BNP Paribas set a €100.00 ($117.65) price objective on shares of Wacker Chemie AG and gave the company a neutral rating in a research report on Monday, July 24th. UBS AG set a €85.00 ($100.00) price objective on shares of Wacker Chemie AG and gave the company a sell rating in a research report on Monday, July 24th. Commerzbank Ag set a €110.00 ($129.41) price objective on shares of Wacker Chemie AG and gave the company a neutral rating in a research report on Friday, July 28th. Finally, J P Morgan Chase & Co set a €115.00 ($135.29) price objective on shares of Wacker Chemie AG and gave the company a buy rating in a research report on Monday, July 31st. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €117.75 ($138.53).
Wacker Chemie AG (WCH) traded up €3.45 ($4.06) during midday trading on Thursday, reaching €142.00 ($167.06). 120,609 shares of the company’s stock were exchanged, compared to its average volume of 131,908. Wacker Chemie AG has a 1-year low of €80.79 ($95.05) and a 1-year high of €143.30 ($168.59).
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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