Wacker Chemie AG (ETR:WCH) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Wacker Chemie AG (ETR:WCHGet Rating) have received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is €176.40 ($183.75).

WCH has been the subject of a number of recent research reports. Berenberg Bank set a €155.00 ($161.46) target price on shares of Wacker Chemie in a report on Friday, April 29th. Credit Suisse Group set a €184.00 ($191.67) target price on shares of Wacker Chemie in a report on Friday, April 8th. Warburg Research set a €227.00 ($236.46) target price on shares of Wacker Chemie in a report on Thursday. JPMorgan Chase & Co. set a €160.00 ($166.67) target price on shares of Wacker Chemie in a report on Wednesday. Finally, Barclays set a €199.00 ($207.29) target price on shares of Wacker Chemie in a report on Thursday, May 19th.

WCH stock opened at €157.00 ($163.54) on Friday. The company has a debt-to-equity ratio of 46.34, a current ratio of 2.25 and a quick ratio of 1.54. The business has a 50-day moving average price of €166.21 and a 200 day moving average price of €148.19. The company has a market capitalization of $7.80 billion and a P/E ratio of 7.12. Wacker Chemie has a 1-year low of €116.65 ($121.51) and a 1-year high of €187.10 ($194.90).

Wacker Chemie Company Profile (Get Rating)

Wacker Chemie AG, together with its subsidiaries, 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, health, and renewable energy industries.

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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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