JPMorgan Chase & Co. set a €63.00 ($73.26) price target on Wacker Chemie (ETR:WCH) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other analysts have also issued research reports about the stock. Kepler Capital Markets set a €56.00 ($65.12) price objective on shares of Wacker Chemie and gave the company a sell rating in a research note on Tuesday, February 4th. Berenberg Bank set a €70.00 ($81.40) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research note on Thursday, January 30th. UBS Group set a €90.00 ($104.65) price objective on shares of Wacker Chemie and gave the company a buy rating in a research note on Monday, February 3rd. HSBC set a €62.00 ($72.09) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research note on Wednesday, November 20th. Finally, Independent Research set a €65.00 ($75.58) price objective on shares of Wacker Chemie and gave the company a neutral rating in a research note on Tuesday, January 28th. One research 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. Wacker Chemie has an average rating of Hold and a consensus target price of €73.79 ($85.80).
ETR:WCH opened at €71.30 ($82.91) on Wednesday. The company has a fifty day moving average of €65.79 and a 200-day moving average of €66.47. The firm has a market capitalization of $3.54 billion and a P/E ratio of 26.19. The company has a quick ratio of 1.57, a current ratio of 2.68 and a debt-to-equity ratio of 48.87. Wacker Chemie has a twelve month low of €57.86 ($67.28) and a twelve month high of €97.92 ($113.86).
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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