Wacker Chemie (WCH) Given a €178.00 Price Target at Berenberg Bank

Berenberg Bank set a €178.00 ($219.75) price objective on Wacker Chemie (ETR:WCH) in a research note published on Friday morning. The brokerage currently has a buy rating on the stock.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. set a €165.00 ($203.70) price objective on shares of Wacker Chemie and gave the company a neutral rating in a report on Tuesday. Commerzbank set a €200.00 ($246.91) target price on shares of Wacker Chemie and gave the company a buy rating in a report on Thursday, February 8th. Morgan Stanley set a €128.00 ($158.02) target price on shares of Wacker Chemie and gave the company a neutral rating in a report on Tuesday, December 26th. Baader Bank set a €203.00 ($250.62) target price on shares of Wacker Chemie and gave the company a buy rating in a report on Monday, January 22nd. Finally, UBS set a €185.00 ($228.40) target price on shares of Wacker Chemie and gave the company a buy rating in a report on Monday, February 5th. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. Wacker Chemie has an average rating of Hold and an average price target of €144.52 ($178.43).

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Shares of Wacker Chemie (ETR:WCH) traded up €2.85 ($3.52) on Friday, reaching €133.65 ($165.00). 279,834 shares of the company’s stock were exchanged, compared to its average volume of 218,420. Wacker Chemie has a twelve month low of €90.59 ($111.84) and a twelve month high of €175.75 ($216.98). The stock has a market cap of $6,760.00 and a price-to-earnings ratio of 28.62.

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Wacker Chemie Company Profile

Wacker Chemie AG provides specialty chemical products worldwide. It operates through five divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, Wacker Polysilicon, and Siltronic. The Wacker Silicones division offers silanes, siloxanes, silicone fluids and emulsions, elastomers, resins, pyrogenic silica, and organofunctional silanes, which are primarily used as starting materials in the production of silicones.

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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