Wacker Chemie (ETR:WCH) received a €185.00 ($228.40) target price from analysts at UBS Group in a research note issued to investors on Wednesday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 41.44% from the stock’s current price.
Several other equities research analysts have also recently commented on WCH. JPMorgan Chase & Co. set a €165.00 ($203.70) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a research report on Tuesday. Kepler Capital Markets set a €124.00 ($153.09) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a research report on Tuesday. Independent Research set a €170.00 ($209.88) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a research report on Thursday, February 8th. Commerzbank set a €200.00 ($246.91) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a research report on Tuesday. Finally, Nord/LB set a €128.00 ($158.02) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a research report on Tuesday. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the stock. Wacker Chemie presently has an average rating of “Hold” and a consensus price target of €145.84 ($180.05).
Shares of Wacker Chemie (ETR:WCH) opened at €130.80 ($161.48) on Wednesday. The company has a market cap of $6,800.00 and a price-to-earnings ratio of 29.86. Wacker Chemie has a 52-week low of €90.59 ($111.84) and a 52-week high of €175.75 ($216.98).
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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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