Kepler Capital Markets Analysts Give Wacker Chemie (ETR:WCH) a €56.00 Price Target

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Kepler Capital Markets set a €56.00 ($65.12) target price on Wacker Chemie (ETR:WCH) in a research report report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Other analysts also recently issued reports about the company. Berenberg Bank set a €70.00 ($81.40) price target on Wacker Chemie and gave the stock a neutral rating in a research report on Monday, October 28th. Baader Bank set a €92.00 ($106.98) price objective on shares of Wacker Chemie and gave the company a buy rating in a research report on Thursday. JPMorgan Chase & Co. set a €63.00 ($73.26) target price on shares of Wacker Chemie and gave the company a neutral rating in a research note on Friday. Warburg Research set a €70.60 ($82.09) target price on shares of Wacker Chemie and gave the company a neutral rating in a research note on Tuesday, October 29th. Finally, Bankhaus Lampe set a €88.00 ($102.33) target price on shares of Wacker Chemie and gave the stock a buy rating in a report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €74.90 ($87.09).

ETR:WCH traded up €2.06 ($2.40) during midday trading on Friday, hitting €64.26 ($74.72). 499,336 shares of the company traded hands, compared to its average volume of 218,420. The firm’s fifty day moving average is €66.76 and its 200-day moving average is €67.66. Wacker Chemie has a 12-month low of €57.86 ($67.28) and a 12-month high of €97.92 ($113.86). The firm has a market capitalization of $3.19 billion and a P/E ratio of 23.61. The company has a current ratio of 2.68, a quick ratio of 1.57 and a debt-to-equity ratio of 48.87.

About Wacker Chemie

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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