UBS Group set a €179.00 ($203.41) price target on Wacker Chemie (ETR:WCH) in a research note published on Friday morning, Borsen Zeitung reports.
Other equities research analysts have also issued reports about the company. Berenberg Bank set a €150.00 ($170.45) target price on Wacker Chemie in a research report on Friday, October 29th. Baader Bank set a €190.00 ($215.91) price target on Wacker Chemie in a research report on Thursday. Barclays set a €195.00 ($221.59) target price on Wacker Chemie in a research note on Friday, November 12th. Warburg Research set a €160.00 ($181.82) price target on Wacker Chemie in a research note on Wednesday, December 29th. Finally, JPMorgan Chase & Co. set a €164.00 ($186.36) price target on Wacker Chemie in a research note on Thursday. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Wacker Chemie presently has a consensus rating of Hold and an average target price of €160.64 ($182.54).
WCH opened at €152.30 ($173.07) on Friday. Wacker Chemie has a one year low of €102.60 ($116.59) and a one year high of €174.75 ($198.58). The company has a debt-to-equity ratio of 61.39, a quick ratio of 1.91 and a current ratio of 3.01. The stock’s fifty day moving average is €147.12 and its 200-day moving average is €144.08. The company has a market capitalization of $7.57 billion and a PE ratio of 11.81.
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, electronics, automotive, personal care, paint, and coating solutions.
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