Kepler Capital Markets set a €56.00 ($65.12) price objective on Wacker Chemie (ETR:WCH) in a research note issued to investors on Friday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
WCH has been the subject of several other research reports. JPMorgan Chase & Co. set a €63.00 ($73.26) target price on Wacker Chemie and gave the stock a neutral rating in a research report on Wednesday, February 12th. Berenberg Bank set a €70.00 ($81.40) target price on Wacker Chemie and gave the stock a neutral rating in a research report on Thursday, January 30th. HSBC set a €62.00 ($72.09) target price on Wacker Chemie and gave the stock a neutral rating in a research report on Wednesday, November 20th. Warburg Research set a €67.00 ($77.91) target price on Wacker Chemie and gave the stock a neutral rating in a research report on Tuesday, January 28th. Finally, Independent Research set a €65.00 ($75.58) target price on Wacker Chemie and gave the stock a neutral rating in a research report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Wacker Chemie has an average rating of Hold and an average target price of €74.86 ($87.04).
Wacker Chemie stock opened at €71.38 ($83.00) on Friday. The company has a debt-to-equity ratio of 48.87, a current ratio of 2.68 and a quick ratio of 1.57. The company has a market capitalization of $3.55 billion and a PE ratio of 26.22. Wacker Chemie has a one year low of €57.86 ($67.28) and a one year high of €97.92 ($113.86). The business has a 50 day simple moving average of €66.70 and a 200 day simple moving average of €66.60.
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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