Wacker Chemie (ETR:WCH) received a €147.30 ($175.36) price target from equities researchers at Warburg Research in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. Warburg Research’s price objective would suggest a potential upside of 5.59% from the company’s previous close.
A number of other research analysts have also issued reports on the stock. Kepler Capital Markets set a €122.00 ($145.24) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a report on Tuesday, November 28th. Nord/LB set a €114.00 ($135.71) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a report on Friday, November 17th. DZ Bank reiterated a “neutral” rating on shares of Wacker Chemie in a report on Friday, November 3rd. set a €135.00 ($160.71) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a report on Monday, October 30th. Finally, Berenberg Bank set a €155.00 ($184.52) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a report on Monday, October 30th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €120.93 ($143.97).
Wacker Chemie (WCH) opened at €139.50 ($166.07) on Wednesday. Wacker Chemie has a fifty-two week low of €84.43 ($100.51) and a fifty-two week high of €143.50 ($170.83).
Wacker Chemie Company Profile
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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