JPMorgan Chase & Co. set a €63.00 ($73.26) target price on Wacker Chemie (ETR:WCH) in a report issued on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the company. Baader Bank set a €92.00 ($106.98) target price on Wacker Chemie and gave the company a buy rating in a research report on Thursday. Bankhaus Lampe set a €88.00 ($102.33) price target on shares of Wacker Chemie and gave the stock a buy rating in a research report on Thursday, August 8th. HSBC set a €62.00 ($72.09) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research note on Wednesday, November 20th. Warburg Research set a €70.60 ($82.09) price target on shares of Wacker Chemie and gave the company a neutral rating in a report on Tuesday, October 29th. Finally, Kepler Capital Markets set a €56.00 ($65.12) price objective on shares of Wacker Chemie and gave the stock a sell rating in a report on Friday, November 15th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €74.90 ($87.09).

ETR WCH traded up €2.06 ($2.40) during mid-day trading on Friday, reaching €64.26 ($74.72). 499,336 shares of the company’s stock traded hands, compared to its average volume of 218,420. The company has a current ratio of 2.68, a quick ratio of 1.57 and a debt-to-equity ratio of 48.87. Wacker Chemie has a 1-year low of €57.86 ($67.28) and a 1-year high of €97.92 ($113.86). The company has a fifty day simple moving average of €66.76 and a 200-day simple moving average of €67.66. The company has a market cap of $3.19 billion and a price-to-earnings ratio of 23.61.

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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Analyst Recommendations for Wacker Chemie (ETR:WCH)

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