Berenberg Bank Analysts Give Wacker Chemie AG (WCH.F) (ETR:WCH) a €120.00 Price Target

Berenberg Bank Analysts Give Wacker Chemie AG (WCH.F) (ETR:WCH) a €120.00 Price Target

Berenberg Bank set a €120.00 ($141.18) price objective on Wacker Chemie AG (WCH.F) (ETR:WCH) in a research report report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.


WCH has been the topic of several other research reports. Baader Bank set a €130.00 ($152.94) target price on shares of Wacker Chemie AG (WCH.F) and gave the company a buy rating in a research note on Thursday, December 10th. Morgan Stanley set a €98.00 ($115.29) target price on shares of Wacker Chemie AG (WCH.F) and gave the company a neutral rating in a research note on Friday, November 27th. Independent Research set a €100.00 ($117.65) price target on shares of Wacker Chemie AG (WCH.F) and gave the stock a neutral rating in a research note on Monday, November 30th. JPMorgan Chase & Co. set a €77.00 ($90.59) price target on shares of Wacker Chemie AG (WCH.F) and gave the stock a neutral rating in a research note on Thursday, December 17th. Finally, UBS Group set a €130.00 ($152.94) price target on shares of Wacker Chemie AG (WCH.F) and gave the stock a buy rating in a research note on Tuesday, December 8th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Wacker Chemie AG (WCH.F) has a consensus rating of Buy and an average target price of €111.60 ($131.29).

Shares of WCH opened at €121.25 ($142.65) on Thursday. Wacker Chemie AG has a twelve month low of €30.04 ($35.34) and a twelve month high of €122.20 ($143.76). The company has a market cap of $6.02 billion and a P/E ratio of -9.51. The company has a current ratio of 4.29, a quick ratio of 2.70 and a debt-to-equity ratio of 71.67. The company’s fifty day simple moving average is €109.45 and its 200-day simple moving average is €87.60.

Wacker Chemie AG (WCH.F) 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, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silicas for use in construction, paint, and adhesive solutions.


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Analyst Recommendations for Wacker Chemie AG (WCH.F) (ETR:WCH)

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