Wacker Chemie (OTCMKTS:WKCMF) Lifted to “Overweight” at Barclays

Wacker Chemie (OTCMKTS:WKCMF) was upgraded by equities researchers at Barclays to an “overweight” rating in a note issued to investors on Thursday, The Fly reports.

A number of other analysts also recently commented on WKCMF. UBS Group reiterated a “buy” rating on shares of Wacker Chemie in a research report on Wednesday, April 14th. Citigroup reiterated a “sell” rating on shares of Wacker Chemie in a research report on Tuesday, February 16th. Berenberg Bank reiterated a “hold” rating on shares of Wacker Chemie in a research report on Wednesday, May 5th. Kepler Capital Markets upgraded Wacker Chemie to a “hold” rating in a research report on Friday, April 23rd. Finally, DZ Bank reiterated a “buy” rating on shares of Wacker Chemie in a research report on Wednesday, May 26th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold”.

OTCMKTS:WKCMF traded down $3.67 during mid-day trading on Thursday, hitting $166.75. 535 shares of the company’s stock traded hands, compared to its average volume of 699. The firm’s 50 day moving average price is $158.35. Wacker Chemie has a 12 month low of $66.45 and a 12 month high of $175.60.

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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