Wacker Chemie (OTCMKTS:WKCMF) Lifted to “Overweight” at Barclays

Wacker Chemie (OTCMKTS:WKCMF) was upgraded by stock analysts at Barclays to an “overweight” rating in a report released on Thursday, The Fly reports.

A number of other equities analysts also recently weighed in on WKCMF. AlphaValue raised Wacker Chemie to a “reduce” rating in a research report on Thursday, March 18th. Norddeutsche Landesbank restated a “hold” rating on shares of Wacker Chemie in a report on Thursday, March 25th. Berenberg Bank restated a “hold” rating on shares of Wacker Chemie in a report on Wednesday, May 5th. Morgan Stanley restated an “equal weight” rating on shares of Wacker Chemie in a report on Monday, April 19th. Finally, UBS Group restated a “buy” rating on shares of Wacker Chemie in a report on Wednesday, April 14th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Wacker Chemie has a consensus rating of “Hold”.

OTCMKTS WKCMF traded down $3.67 during trading on Thursday, reaching $166.75. 535 shares of the company’s stock were exchanged, compared to its average volume of 699. The firm’s 50 day simple moving average is $158.35. Wacker Chemie has a fifty-two week low of $66.45 and a fifty-two week high of $175.60.

About Wacker Chemie

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, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silicas for use in construction, electronics, automotive, personal care, paint, and coating solutions.

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