Wacker Chemie (ETR:WCH) has been given a €110.00 ($127.91) price objective by research analysts at UBS Group in a note issued to investors on Friday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target would suggest a potential upside of 27.31% from the company’s previous close.
Several other analysts have also recently issued reports on the stock. Credit Suisse Group set a €83.00 ($96.51) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a research note on Monday. Baader Bank set a €116.00 ($134.88) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Thursday, March 7th. Kepler Capital Markets set a €80.00 ($93.02) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a research note on Wednesday, March 6th. Independent Research set a €74.00 ($86.05) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a research note on Wednesday, March 6th. Finally, JPMorgan Chase & Co. set a €78.00 ($90.70) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a research note on Wednesday, March 6th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of €103.44 ($120.28).
Shares of ETR WCH opened at €86.40 ($100.47) on Friday. Wacker Chemie has a 52-week low of €70.08 ($81.49) and a 52-week high of €157.05 ($182.62). The firm has a market cap of $4.26 billion and a PE ratio of 15.82. The company has a debt-to-equity ratio of 32.42, a current ratio of 2.55 and a quick ratio of 1.41.
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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