Wacker Chemie (ETR:WCH – Get Rating) has been assigned a €135.00 ($146.74) target price by equities researchers at Berenberg Bank in a note issued to investors on Friday, Borsen Zeitung reports. Berenberg Bank’s price objective indicates a potential upside of 1.89% from the company’s previous close.
Other analysts have also recently issued reports about the company. Stifel Nicolaus set a €178.00 ($193.48) price target on Wacker Chemie in a report on Thursday, September 29th. UBS Group set a €165.00 ($179.35) target price on Wacker Chemie in a report on Monday, January 16th. Warburg Research set a €186.00 ($202.17) target price on Wacker Chemie in a report on Tuesday, November 1st. JPMorgan Chase & Co. set a €104.00 ($113.04) target price on Wacker Chemie in a report on Wednesday, December 7th. Finally, Credit Suisse Group set a €140.00 ($152.17) target price on Wacker Chemie in a report on Friday, October 28th.
Wacker Chemie Stock Performance
ETR:WCH opened at €132.50 ($144.02) on Friday. The stock has a market cap of $6.58 billion and a P/E ratio of 5.20. The company has a current ratio of 2.37, a quick ratio of 1.55 and a debt-to-equity ratio of 31.77. The stock’s 50-day moving average is €123.54 and its 200-day moving average is €127.98. Wacker Chemie has a 1-year low of €98.58 ($107.15) and a 1-year high of €187.10 ($203.37).
Wacker Chemie Company Profile
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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