Wacker Chemie (ETR:WCH) Given a €50.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €50.00 ($58.14) target price on Wacker Chemie (ETR:WCH) in a research report released on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

WCH has been the topic of several other reports. Warburg Research set a €82.00 ($95.35) price target on Wacker Chemie and gave the stock a neutral rating in a research report on Tuesday, March 17th. Kepler Capital Markets set a €56.00 ($65.12) price target on Wacker Chemie and gave the stock a sell rating in a research report on Tuesday, March 17th. Independent Research set a €65.00 ($75.58) price target on Wacker Chemie and gave the stock a neutral rating in a research report on Tuesday, January 28th. UBS Group set a €90.00 ($104.65) price target on Wacker Chemie and gave the stock a buy rating in a research report on Tuesday, March 17th. Finally, Berenberg Bank set a €44.00 ($51.16) price target on Wacker Chemie and gave the stock a neutral rating in a research report on Wednesday, March 18th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. The company has an average rating of Hold and an average target price of €72.07 ($83.80).

WCH opened at €42.34 ($49.23) on Tuesday. The stock’s 50 day simple moving average is €59.22 and its 200 day simple moving average is €64.33. The company has a debt-to-equity ratio of 48.87, a current ratio of 2.68 and a quick ratio of 1.57. Wacker Chemie has a 1 year low of €46.75 ($54.36) and a 1 year high of €88.66 ($103.09). The firm has a market cap of $2.20 billion and a price-to-earnings ratio of 15.55.

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.

Featured Story: Cryptocurrencies

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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.