Wacker Chemie (OTCMKTS:WKCMF)‘s stock had its “buy” rating restated by investment analysts at DZ Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports.
WKCMF has been the subject of a number of other reports. Morgan Stanley reiterated an “equal weight” rating on shares of Wacker Chemie in a research note on Monday, April 19th. Kepler Capital Markets upgraded shares of Wacker Chemie to a “hold” rating in a research note on Friday, April 23rd. AlphaValue upgraded shares of Wacker Chemie to a “reduce” rating in a research note on Thursday, March 18th. Barclays started coverage on shares of Wacker Chemie in a research report on Monday, March 29th. They set an “overweight” rating for the company. Finally, Smith Barney Citigroup restated a “sell” rating on shares of Wacker Chemie in a research report on Wednesday, January 13th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Wacker Chemie presently has a consensus rating of “Hold”.
OTCMKTS:WKCMF opened at $159.00 on Monday. The firm’s 50 day moving average is $146.68 and its 200 day moving average is $132.88. Wacker Chemie has a 12 month low of $56.10 and a 12 month high of $159.28.
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, 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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