Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. set a €122.00 ($145.24) price objective on shares of Wacker Chemie and gave the stock a buy rating in a report on Monday, September 25th. 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 report on Monday, September 25th. DZ Bank reiterated a buy rating on shares of Wacker Chemie in a research report on Thursday, September 21st. 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 report on Monday, October 30th. Finally, UBS Group set a €165.00 ($196.43) target price on shares of Wacker Chemie and gave the stock a buy rating in a research report on Thursday, December 7th. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €138.62 ($165.03).
Wacker Chemie (WCH) traded down €0.50 ($0.60) during trading hours on Tuesday, hitting €172.90 ($205.83). 155,882 shares of the stock were exchanged, compared to its average volume of 145,500. The company has a market cap of $9,060.00 and a P/E ratio of 39.47. Wacker Chemie has a one year low of €90.59 ($107.85) and a one year high of €174.70 ($207.98).
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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