Wacker Chemie (ETR:WCH) has been assigned a €120.00 ($139.53) target price by research analysts at UBS Group in a research note issued to investors on Monday, February 4th, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 30.55% from the company’s previous close.
Other equities research analysts have also issued reports about the company. Baader Bank set a €175.00 ($203.49) target price on Wacker Chemie and gave the company a “buy” rating in a research report on Thursday, October 25th. Commerzbank set a €145.00 ($168.60) target price on Wacker Chemie and gave the company a “buy” rating in a research report on Thursday, October 25th. Societe Generale set a €120.00 ($139.53) price target on Wacker Chemie and gave the company a “buy” rating in a report on Monday, October 22nd. Hauck & Aufhaeuser set a €149.00 ($173.26) price target on Wacker Chemie and gave the company a “buy” rating in a report on Friday, October 19th. Finally, Nord/LB set a €108.00 ($125.58) price target on Wacker Chemie and gave the company a “buy” rating in a report on Thursday, November 1st. Five analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. Wacker Chemie has a consensus rating of “Hold” and an average price target of €104.38 ($121.37).
Shares of WCH stock traded up €1.86 ($2.16) on Monday, reaching €91.92 ($106.88). 159,751 shares of the company’s stock were exchanged, 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).
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.
Recommended Story: What type of investment options does a Roth IRA provide?
Receive News & Ratings for Wacker Chemie Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie and related companies with MarketBeat.com's FREE daily email newsletter.