JPMorgan Chase & Co. Analysts Give Wacker Chemie (ETR:WCH) a €50.00 Price Target

JPMorgan Chase & Co. Analysts Give Wacker Chemie (ETR:WCH) a €50.00 Price Target

Wacker Chemie (ETR:WCH) has been given a €50.00 ($58.14) price objective by equities research analysts at JPMorgan Chase & Co. in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 26.39% from the company’s current price.


Several other analysts have also recently commented on the company. Baader Bank set a €88.00 ($102.33) price target on Wacker Chemie and gave the stock a “buy” rating in a research report on Tuesday, March 17th. Kepler Capital Markets set a €56.00 ($65.12) price target on Wacker Chemie and gave the stock a “sell” rating in a research report on Tuesday, March 17th. Independent Research set a €65.00 ($75.58) price target on Wacker Chemie and gave the stock a “neutral” rating in a research report on Tuesday, January 28th. Warburg Research set a €82.00 ($95.35) price target on Wacker Chemie and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Finally, Berenberg Bank set a €44.00 ($51.16) price target on Wacker Chemie and gave the stock a “neutral” rating in a research report on Wednesday, March 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of €72.07 ($83.80).

Shares of WCH opened at €39.56 ($46.00) on Tuesday. The company has a debt-to-equity ratio of 48.87, a quick ratio of 1.57 and a current ratio of 2.68. Wacker Chemie has a one year low of €46.75 ($54.36) and a one year high of €88.66 ($103.09). The stock has a market capitalization of $1.79 billion and a price-to-earnings ratio of 14.53. The stock has a 50 day moving average price of €60.12 and a 200 day moving average price of €64.62.



Wacker Chemie 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, 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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