Kepler Capital Markets reissued their buy rating on shares of Wacker Chemie (OTCMKTS:WKCMF) in a report released on Sunday, AnalystRatings.net reports.
Several other brokerages have also recently commented on WKCMF. Morgan Stanley reaffirmed an equal weight rating on shares of Wacker Chemie in a research report on Wednesday, October 14th. Citigroup cut shares of Wacker Chemie from a neutral rating to a sell rating in a research report on Wednesday, June 24th. Warburg Research raised shares of Wacker Chemie to a buy rating in a research report on Wednesday, September 23rd. Credit Suisse Group reaffirmed a buy rating on shares of Wacker Chemie in a research report on Friday, October 2nd. Finally, DZ Bank reaffirmed a buy rating on shares of Wacker Chemie in a research report on Wednesday, October 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of Buy.
OTCMKTS:WKCMF opened at $104.05 on Friday. The firm has a 50-day moving average of $99.36 and a two-hundred day moving average of $79.61. Wacker Chemie has a 1-year low of $34.00 and a 1-year high of $111.20.
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, paint, and adhesive solutions.
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