Warburg Research set a €142.50 ($167.65) target price on Wacker Chemie AG (WCH.F) (ETR:WCH) in a research report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms also recently weighed in on WCH. Berenberg Bank set a €120.00 ($141.18) price target on shares of Wacker Chemie AG (WCH.F) and gave the stock a neutral rating in a research note on Thursday, January 7th. 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 report on Friday, November 27th. Credit Suisse Group set a €93.00 ($109.41) price target on Wacker Chemie AG (WCH.F) and gave the stock a buy rating in a research report on Wednesday, November 25th. Kepler Capital Markets set a €129.00 ($151.76) price objective on Wacker Chemie AG (WCH.F) and gave the company a buy rating in a report on Friday, December 11th. Finally, Nord/LB set a €104.00 ($122.35) target price on Wacker Chemie AG (WCH.F) and gave the company a neutral rating in a research note on Thursday, December 17th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average target price of €116.95 ($137.59).
Shares of ETR WCH opened at €120.05 ($141.24) on Friday. Wacker Chemie AG has a 1 year low of €30.04 ($35.34) and a 1 year high of €125.20 ($147.29). The firm’s 50-day moving average is €116.52 and its 200-day moving average is €92.78. 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 firm has a market capitalization of $5.96 billion and a PE ratio of -9.50.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.
Recommended Story: What is a recession?
Receive News & Ratings for Wacker Chemie AG (WCH.F) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie AG (WCH.F) and related companies with MarketBeat.com's FREE daily email newsletter.