Wacker Chemie (ETR:WCH) PT Set at €184.00 by Barclays

Wacker Chemie (ETR:WCHGet Rating) received a €184.00 ($197.85) target price from stock analysts at Barclays in a research note issued on Thursday, Borsen Zeitung reports. Barclays‘s price target would indicate a potential upside of 37.62% from the stock’s current price.

Several other brokerages have also recently weighed in on WCH. Berenberg Bank set a €135.00 ($145.16) price objective on Wacker Chemie in a report on Tuesday, December 6th. Baader Bank set a €135.00 ($145.16) price objective on Wacker Chemie in a research report on Thursday, October 27th. Stifel Nicolaus set a €178.00 ($191.40) price objective on Wacker Chemie in a research report on Thursday, September 29th. UBS Group set a €165.00 ($177.42) price target on Wacker Chemie in a research report on Monday, January 9th. Finally, JPMorgan Chase & Co. set a €104.00 ($111.83) price target on Wacker Chemie in a research report on Wednesday, December 7th.

Wacker Chemie Price Performance

Shares of ETR WCH opened at €133.70 ($143.76) on Thursday. The stock has a market capitalization of $6.64 billion and a PE ratio of 5.16. The company has a debt-to-equity ratio of 31.77, a current ratio of 2.37 and a quick ratio of 1.55. The business has a fifty day moving average price of €121.73 and a two-hundred day moving average price of €128.08. Wacker Chemie has a fifty-two week low of €98.58 ($106.00) and a fifty-two week high of €187.10 ($201.18).

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.

Further Reading

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