Wacker Chemie (OTCMKTS:WKCMF) was downgraded by research analysts at Kepler Capital Markets to a “sell” rating in a research report issued on Monday, AnalystRatings.com reports.
Several other research firms have also recently commented on WKCMF. Baader Bank reaffirmed a “buy” rating on shares of Wacker Chemie in a research note on Thursday, April 30th. UBS Group reaffirmed a “buy” rating on shares of Wacker Chemie in a research note on Monday, May 18th. DZ Bank reaffirmed a “neutral” rating on shares of Wacker Chemie in a research note on Tuesday, June 23rd. Citigroup cut Wacker Chemie from a “neutral” rating to a “sell” rating in a research note on Wednesday, June 24th. Finally, Credit Suisse Group raised Wacker Chemie from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold”.
OTCMKTS WKCMF opened at $70.40 on Monday. The business has a 50 day simple moving average of $65.71 and a 200 day simple moving average of $65.20. Wacker Chemie has a one year low of $34.00 and a one year high of $81.11.
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.
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