Several other brokerages also recently commented on WCH. Societe Generale set a €116.00 ($138.10) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research report on Thursday, October 5th. JPMorgan Chase & Co. set a €122.00 ($145.24) price objective on shares of Wacker Chemie and gave the company a buy rating in a research report on Thursday, October 26th. Deutsche Bank set a €180.00 ($214.29) target price on shares of Wacker Chemie and gave the company a buy rating in a research note on Monday, December 11th. Warburg Research set a €129.00 ($153.57) target price on shares of Wacker Chemie and gave the company a neutral rating in a research note on Friday, October 6th. Finally, Morgan Stanley set a €128.00 ($152.38) target price on shares of Wacker Chemie and gave the company a neutral rating in a research note on Wednesday, December 20th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Wacker Chemie presently has a consensus rating of Hold and a consensus price target of €133.25 ($158.63).
Shares of Wacker Chemie (ETR WCH) opened at €170.80 ($203.33) on Thursday. The company has a market cap of $8,910.00 and a price-to-earnings ratio of 39.00. Wacker Chemie has a 52-week low of €90.59 ($107.85) and a 52-week high of €172.85 ($205.77).
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About Wacker Chemie
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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