Analysts Set Wacker Chemie AG (WCH) Price Target at $97.50

Shares of Wacker Chemie AG (ETR:WCH) have received a consensus recommendation of “Hold” from the sixteen analysts that are presently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is €97.50 ($113.37).

WCH has been the subject of a number of recent research reports. UBS Group set a €110.00 ($127.91) price target on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Tuesday, April 23rd. JPMorgan Chase & Co. set a €78.00 ($90.70) price target on shares of Wacker Chemie and gave the company a “sell” rating in a research note on Wednesday, January 23rd. HSBC set a €85.00 ($98.84) price target on shares of Wacker Chemie and gave the company a “neutral” rating in a research note on Monday, March 25th. Credit Suisse Group set a €83.00 ($96.51) price target on shares of Wacker Chemie and gave the company a “neutral” rating in a research note on Monday, March 11th. Finally, Hauck & Aufhaeuser set a €115.00 ($133.72) price target on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Tuesday, March 5th.

Shares of WCH stock opened at €70.38 ($81.84) on Monday. The firm has a market cap of $3.62 billion and a price-to-earnings ratio of 21.48. The company has a debt-to-equity ratio of 43.38, a current ratio of 2.76 and a quick ratio of 1.55. Wacker Chemie has a 12 month low of €68.40 ($79.53) and a 12 month high of €156.10 ($181.51).

Wacker Chemie Company Profile

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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