Wacker Chemie (ETR:WCH) has been assigned a €165.00 ($196.43) price target by research analysts at UBS in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. UBS’s price target suggests a potential upside of 18.83% from the company’s current price.
A number of other research analysts have also recently commented on the stock. Warburg Research set a €147.30 ($175.36) price target on shares of Wacker Chemie and gave the stock a “neutral” rating in a report on Wednesday. Kepler Capital Markets set a €122.00 ($145.24) price target on shares of Wacker Chemie and gave the stock a “neutral” rating in a report on Tuesday, November 28th. Nord/LB set a €114.00 ($135.71) price target on shares of Wacker Chemie and gave the stock a “sell” rating in a report on Friday, November 17th. DZ Bank restated a “neutral” rating on shares of Wacker Chemie in a report on Friday, November 3rd. Finally, set a €135.00 ($160.71) price target on shares of Wacker Chemie and gave the stock a “neutral” rating in a report on Monday, October 30th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of €120.93 ($143.97).
Wacker Chemie (ETR WCH) opened at €138.85 ($165.30) on Thursday. Wacker Chemie has a 1-year low of €81.48 ($97.00) and a 1-year high of €143.50 ($170.83).
About Wacker Chemie
Wacker Chemie AG provides specialty chemical products worldwide. It operates through five divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, Wacker Polysilicon, and Siltronic. The Wacker Silicones division offers silanes, siloxanes, silicone fluids and emulsions, elastomers, resins, pyrogenic silica, and organofunctional silanes, which are primarily used as starting materials in the production of silicones.
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