Wacker Chemie (WCH) Given a €105.00 Price Target at Independent Research

Independent Research set a €105.00 ($122.09) target price on Wacker Chemie (ETR:WCH) in a research note issued to investors on Friday morning. The firm currently has a neutral rating on the stock.

A number of other equities analysts also recently commented on the stock. HSBC set a €150.00 ($174.42) target price on shares of Wacker Chemie and gave the stock a buy rating in a research note on Friday, August 24th. JPMorgan Chase & Co. set a €132.00 ($153.49) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research note on Friday, September 14th. Hauck & Aufhaeuser set a €157.00 ($182.56) price objective on shares of Wacker Chemie and gave the company a buy rating in a research note on Monday, August 13th. Nord/LB set a €130.00 ($151.16) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research note on Monday, July 30th. Finally, UBS Group set a €170.00 ($197.67) price objective on shares of Wacker Chemie and gave the company a buy rating in a research note on Friday, August 10th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company. Wacker Chemie currently has an average rating of Hold and an average price target of €143.47 ($166.83).

Shares of WCH stock traded down €0.24 ($0.28) on Friday, reaching €97.76 ($113.67). 183,486 shares of the stock were exchanged, compared to its average volume of 218,420. Wacker Chemie has a twelve month low of €90.59 ($105.34) and a twelve month high of €175.75 ($204.36).

Wacker Chemie Company Profile

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, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.

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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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