Wacker Chemie AG (WCH.F) (ETR:WCH) has been given a €100.00 ($117.65) price target by equities research analysts at UBS Group in a report issued on Monday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price suggests a potential upside of 15.93% from the stock’s current price.
Other analysts have also issued reports about the company. Credit Suisse Group set a €93.00 ($109.41) price target on Wacker Chemie AG (WCH.F) and gave the company a “buy” rating in a report on Friday, October 2nd. Baader Bank set a €92.00 ($108.24) target price on Wacker Chemie AG (WCH.F) and gave the stock a “buy” rating in a report on Thursday, October 15th. Warburg Research set a €89.00 ($104.71) target price on Wacker Chemie AG (WCH.F) and gave the stock a “buy” rating in a report on Wednesday, September 23rd. Independent Research set a €76.00 ($89.41) target price on Wacker Chemie AG (WCH.F) and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Berenberg Bank set a €74.00 ($87.06) target price on Wacker Chemie AG (WCH.F) and gave the stock a “neutral” rating in a report on Monday, September 21st. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of €84.00 ($98.82).
Shares of Wacker Chemie AG (WCH.F) stock opened at €86.26 ($101.48) on Monday. The firm has a market cap of $4.29 billion and a price-to-earnings ratio of -7.20. The stock’s 50-day moving average is €85.47 and its 200-day moving average is €70.31. Wacker Chemie AG has a one year low of €30.04 ($35.34) and a one year high of €96.04 ($112.99). The company has a debt-to-equity ratio of 71.67, a current ratio of 4.29 and a quick ratio of 2.70.
About Wacker Chemie AG (WCH.F)
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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