UBS Group restated their buy rating on shares of Wacker Chemie (OTCMKTS:WKCMF) in a report issued on Monday morning, AnalystRatings.com reports.
A number of other research analysts have also weighed in on the company. Kepler Capital Markets restated a sell rating on shares of Wacker Chemie in a report on Thursday, March 12th. JPMorgan Chase & Co. restated a hold rating on shares of Wacker Chemie in a report on Thursday, April 30th. Credit Suisse Group upgraded Wacker Chemie from a neutral rating to an outperform rating in a report on Wednesday, April 1st. Baader Bank restated a buy rating on shares of Wacker Chemie in a report on Thursday, April 30th. Finally, Warburg Research restated a hold rating on shares of Wacker Chemie in a report on Thursday, April 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Hold.
Shares of OTCMKTS:WKCMF opened at $60.45 on Monday. The business’s 50 day simple moving average is $55.52 and its two-hundred day simple moving average is $65.50. Wacker Chemie has a 52-week low of $34.00 and a 52-week high of $85.05.
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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