A number of other equities research analysts have also weighed in on WCH. JPMorgan Chase & Co. set a €132.00 ($153.49) target price on Wacker Chemie and gave the company a neutral rating in a research note on Friday, September 14th. Commerzbank set a €145.00 ($168.60) price target on Wacker Chemie and gave the company a buy rating in a report on Monday, September 24th. Credit Suisse Group set a €97.00 ($112.79) price target on Wacker Chemie and gave the company a sell rating in a report on Tuesday, October 2nd. BNP Paribas set a €130.00 ($151.16) price target on Wacker Chemie and gave the company a neutral rating in a report on Tuesday, October 2nd. Finally, UBS Group set a €170.00 ($197.67) price target on Wacker Chemie and gave the company a buy rating in a report on Thursday, October 4th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of €105.63 ($122.82).
Shares of ETR WCH traded down €1.28 ($1.49) during midday trading on Thursday, reaching €86.58 ($100.67). The company had a trading volume of 176,940 shares, compared to its average volume of 218,420. Wacker Chemie has a one year low of €90.59 ($105.34) and a one year high of €175.75 ($204.36).
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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