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

Wacker Chemie AG (ETR:WCHGet Rating) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold rating. The average 1-year price target among brokers that have issued ratings on the stock in the last year is €167.36 ($179.96).

Several research firms have recently issued reports on WCH. Warburg Research set a €191.00 ($205.38) price target on Wacker Chemie in a research note on Tuesday, April 5th. Credit Suisse Group set a €184.00 ($197.85) price target on Wacker Chemie in a research note on Friday, April 8th. UBS Group set a €190.00 ($204.30) price target on Wacker Chemie in a research note on Monday, March 28th. Barclays set a €197.00 ($211.83) price target on Wacker Chemie in a research note on Thursday. Finally, Morgan Stanley set a €145.00 ($155.91) price target on Wacker Chemie in a research note on Wednesday, January 26th.

Shares of ETR WCH opened at €156.95 ($168.76) on Friday. The company has a market capitalization of $7.80 billion and a P/E ratio of 9.66. The business’s 50-day moving average price is €150.99 and its two-hundred day moving average price is €146.77. Wacker Chemie has a one year low of €116.65 ($125.43) and a one year high of €177.75 ($191.13). The company has a debt-to-equity ratio of 46.34, a current ratio of 2.25 and a quick ratio of 1.54.

About Wacker Chemie (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.

Further Reading

Analyst Recommendations for Wacker Chemie (ETR:WCH)

Receive News & Ratings for Wacker Chemie Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie and related companies with MarketBeat.com's FREE daily email newsletter.