Other equities analysts have also recently issued research reports about the stock. Commerzbank set a €200.00 ($246.91) price target on shares of Wacker Chemie and gave the company a buy rating in a research report on Thursday, February 8th. Credit Suisse Group set a €130.00 ($160.49) price objective on shares of Wacker Chemie and gave the stock a neutral rating in a report on Monday, February 12th. Citigroup set a €76.00 ($93.83) price objective on shares of Wacker Chemie and gave the stock a sell rating in a report on Friday, October 27th. Morgan Stanley set a €128.00 ($158.02) price objective on shares of Wacker Chemie and gave the stock a neutral rating in a report on Tuesday, December 26th. Finally, Baader Bank set a €203.00 ($250.62) price objective on shares of Wacker Chemie and gave the stock a buy rating in a report on Monday, January 22nd. Four analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of €145.42 ($179.53).
Wacker Chemie (ETR:WCH) opened at €141.05 ($174.14) on Thursday. Wacker Chemie has a 52-week low of €90.59 ($111.84) and a 52-week high of €175.75 ($216.98). The stock has a market cap of $7,350.00 and a PE ratio of 32.20.
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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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