Shares of Wacker Chemie AG (ETR:WCH) have received an average recommendation of “Hold” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is €122.65 ($142.61).
Several analysts have recently weighed in on WCH shares. UBS Group set a €170.00 ($197.67) target price on shares of Wacker Chemie and gave the company a “buy” rating in a report on Wednesday, November 21st. Citigroup set a €123.00 ($143.02) target price on shares of Wacker Chemie and gave the company a “neutral” rating in a report on Friday, October 5th. Warburg Research set a €125.00 ($145.35) target price on shares of Wacker Chemie and gave the company a “buy” rating in a report on Monday, November 5th. Baader Bank set a €175.00 ($203.49) target price on shares of Wacker Chemie and gave the company a “buy” rating in a report on Wednesday, August 22nd. Finally, Hauck & Aufhaeuser set a €149.00 ($173.26) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a research note on Friday, October 19th.
Shares of ETR:WCH opened at €80.78 ($93.93) on Monday. Wacker Chemie has a fifty-two week low of €90.59 ($105.34) and a fifty-two week 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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