Wacker Chemie (ETR:WCH) Given a €104.00 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a €104.00 ($111.83) price target on Wacker Chemie (ETR:WCH – Get Rating) in a research report report published on Tuesday, Borsen Zeitung reports.

A number of other brokerages also recently commented on WCH. UBS Group set a €165.00 ($177.42) price objective on shares of Wacker Chemie in a research note on Tuesday. Warburg Research set a €160.00 ($172.04) price objective on Wacker Chemie in a research note on Tuesday. Morgan Stanley set a €185.00 ($198.92) target price on Wacker Chemie in a research note on Wednesday, February 22nd. Credit Suisse Group set a €160.00 ($172.04) price target on shares of Wacker Chemie in a research report on Friday, January 20th. Finally, Baader Bank set a €170.00 ($182.80) price objective on shares of Wacker Chemie in a research report on Wednesday, February 8th.

Wacker Chemie Trading Up 4.4 %

ETR:WCH opened at €152.00 ($163.44) on Tuesday. The firm has a 50-day simple moving average of €140.05 and a 200-day simple moving average of €128.53. Wacker Chemie has a one year low of €98.58 ($106.00) and a one year high of €187.10 ($201.18). The firm has a market cap of $9.97 billion, a P/E ratio of 5.73, a P/E/G ratio of -0.41 and a beta of 1.47. The company has a debt-to-equity ratio of 31.77, a quick ratio of 1.55 and a current ratio of 2.37.

About Wacker Chemie

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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.