Several other research firms have also weighed in on WCH. Warburg Research set a €162.50 ($188.95) target price on shares of Wacker Chemie and gave the company a buy rating in a research note on Monday, August 6th. Commerzbank set a €145.00 ($168.60) price target on shares of Wacker Chemie and gave the company a buy rating in a report on Wednesday, August 1st. UBS Group set a €170.00 ($197.67) price target on shares of Wacker Chemie and gave the company a buy rating in a report on Friday, August 10th. Hauck & Aufhaeuser set a €157.00 ($182.56) price target on shares of Wacker Chemie and gave the company a buy rating in a report on Friday, July 27th. Finally, Nord/LB set a €130.00 ($151.16) price objective on shares of Wacker Chemie and gave the stock a neutral rating in a report on Monday, July 30th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Wacker Chemie has an average rating of Hold and an average price target of €144.75 ($168.31).
WCH stock traded down €1.15 ($1.34) during trading on Friday, hitting €106.05 ($123.31). 133,601 shares of the company’s stock traded hands, compared to its average volume of 218,420. Wacker Chemie has a 52 week low of €90.59 ($105.34) and a 52 week high of €175.75 ($204.36).
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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