Wacker Chemie (WCH) Given a €150.00 Price Target at Societe Generale

Wacker Chemie (ETR:WCH) has been given a €150.00 ($185.19) target price by equities researchers at Societe Generale in a research note issued on Friday. The firm presently has a “neutral” rating on the stock. Societe Generale’s target price suggests a potential upside of 6.35% from the stock’s previous close.

Several other research firms have also recently issued reports on WCH. Kepler Capital Markets set a €145.00 ($179.01) price objective on shares of Wacker Chemie and gave the company a “sell” rating in a report on Monday, January 29th. Baader Bank set a €203.00 ($250.62) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a report on Monday, January 22nd. HSBC set a €155.00 ($191.36) price objective on shares of Wacker Chemie and gave the company a “neutral” rating in a report on Monday, January 22nd. UBS Group set a €185.00 ($228.40) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a report on Wednesday, January 24th. Finally, Commerzbank set a €200.00 ($246.91) price objective on shares of Wacker Chemie and gave the company a “buy” rating in a report on Tuesday, January 23rd. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €145.42 ($179.53).

Wacker Chemie (ETR WCH) opened at €141.05 ($174.14) on Friday. The stock has a market cap of $7,350.00 and a P/E ratio of 32.20. Wacker Chemie has a 1-year low of €90.59 ($111.84) and a 1-year high of €175.75 ($216.98).

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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.

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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