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

Shares of Wacker Chemie AG (ETR:WCHGet Rating) have received an average recommendation of “Hold” from the ten research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is €171.70 ($182.66).

A number of research analysts have recently issued reports on WCH shares. Barclays set a €199.00 ($211.70) price target on shares of Wacker Chemie in a research report on Thursday, May 19th. Baader Bank set a €188.00 ($200.00) price target on shares of Wacker Chemie in a research report on Wednesday, May 18th. JPMorgan Chase & Co. set a €160.00 ($170.21) price target on shares of Wacker Chemie in a research report on Wednesday, May 4th. Warburg Research set a €180.00 ($191.49) price target on shares of Wacker Chemie in a research report on Friday, April 29th. Finally, Morgan Stanley set a €145.00 ($154.26) price target on shares of Wacker Chemie in a research report on Wednesday, January 26th.

ETR WCH opened at €160.85 ($171.12) on Tuesday. Wacker Chemie has a 12 month low of €116.65 ($124.10) and a 12 month high of €177.75 ($189.10). 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 company has a market capitalization of $7.99 billion and a price-to-earnings ratio of 7.30. The company’s fifty day moving average price is €160.20 and its two-hundred day moving average price is €147.44.

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.

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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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