Several other research firms have also recently weighed in on WCH. Warburg Research set a €162.50 ($188.95) price target on Wacker Chemie and gave the stock a buy rating in a research note on Monday, August 6th. Commerzbank set a €145.00 ($168.60) price target on Wacker Chemie and gave the stock a buy rating in a research note on Wednesday, August 1st. UBS Group set a €170.00 ($197.67) price target on Wacker Chemie and gave the stock a buy rating in a research note on Friday, August 10th. Hauck & Aufhaeuser set a €157.00 ($182.56) price objective on Wacker Chemie and gave the company a buy rating in a research report on Friday, July 27th. Finally, Nord/LB set a €130.00 ($151.16) price objective on Wacker Chemie and gave the company a neutral rating in a research report on Monday, July 30th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €144.75 ($168.31).
Shares of WCH stock traded down €3.35 ($3.90) during mid-day trading on Friday, hitting €102.70 ($119.42). The company’s stock had a trading volume of 196,357 shares, compared to its average volume of 218,420. Wacker Chemie has a 52-week low of €90.59 ($105.34) and a 52-week high of €175.75 ($204.36).
Wacker Chemie Company Profile
Wacker Chemie AG provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, silicones, silicone fluids, emulsions, elastomers, sealants and resins, and pyrogenic silicas for use in construction, paint and coating, chemical, cosmetic, textile and leather, paper and film coating, fabric coating, electrical and electronic engineering, insulation technology, mechanical engineering and metal processing, medical technology, automotive, communications technology, office equipment, household appliance, plastics and rubber processing, and mold making applications.
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