Independent Research Analysts Give Wacker Chemie (WCH) a €82.00 Price Target

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Wacker Chemie (ETR:WCH) has been assigned a €82.00 ($95.35) target price by research analysts at Independent Research in a research note issued to investors on Friday. The firm presently has a “sell” rating on the stock. Independent Research’s target price would indicate a potential upside of 0.51% from the company’s previous close.

Several other equities analysts also recently issued reports on WCH. UBS Group set a €110.00 ($127.91) price objective on Wacker Chemie and gave the stock a “buy” rating in a research report on Friday, March 15th. Baader Bank set a €116.00 ($134.88) price objective on Wacker Chemie and gave the stock a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. set a €78.00 ($90.70) price objective on Wacker Chemie and gave the stock a “sell” rating in a research report on Thursday, January 10th. Kepler Capital Markets set a €80.00 ($93.02) price objective on Wacker Chemie and gave the stock a “sell” rating in a research report on Tuesday. Finally, HSBC set a €110.00 ($127.91) price objective on Wacker Chemie and gave the stock a “buy” rating in a research report on Wednesday, December 19th. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €103.69 ($120.57).

Shares of ETR WCH traded down €2.70 ($3.14) during midday trading on Friday, hitting €81.58 ($94.86). 86,913 shares of the company’s stock were exchanged, compared to its average volume of 218,420. The company has a current ratio of 2.55, a quick ratio of 1.41 and a debt-to-equity ratio of 32.42. The company has a market cap of $4.19 billion and a PE ratio of 14.94. Wacker Chemie has a twelve month low of €70.08 ($81.49) and a twelve month high of €157.05 ($182.62).

About Wacker Chemie

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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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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