JPMorgan Chase & Co. set a €78.00 ($90.70) price target on Wacker Chemie (ETR:WCH) in a report published on Wednesday. The firm currently has a sell rating on the stock.
Several other analysts also recently weighed in on WCH. UBS Group set a €170.00 ($197.67) price target on Wacker Chemie and gave the stock a buy rating in a research note on Wednesday, November 21st. Berenberg Bank set a €93.00 ($108.14) target price on Wacker Chemie and gave the company a neutral rating in a research note on Tuesday, December 4th. Commerzbank set a €95.00 ($110.47) target price on Wacker Chemie and gave the company a buy rating in a research note on Monday, December 17th. Baader Bank set a €123.00 ($143.02) target price on Wacker Chemie and gave the company a buy rating in a research note on Tuesday, December 18th. Finally, HSBC set a €110.00 ($127.91) price target on Wacker Chemie and gave the company a buy rating in a report on Wednesday, December 19th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of €103.63 ($120.49).
Wacker Chemie stock opened at €85.74 ($99.70) on Wednesday. Wacker Chemie has a twelve month low of €90.59 ($105.34) and a twelve month 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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