Other equities analysts have also issued research reports about the stock. Citigroup set a €76.00 ($90.48) price objective on shares of Wacker Chemie and gave the company a sell rating in a research report on Friday, October 27th. Warburg Research set a €129.00 ($153.57) price target on shares of Wacker Chemie and gave the stock a buy rating in a research report on Monday, September 25th. DZ Bank reaffirmed a buy rating on shares of Wacker Chemie in a research report on Thursday, September 21st. Berenberg Bank set a €112.00 ($133.33) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research report on Thursday, September 21st. Finally, Morgan Stanley set a €128.00 ($152.38) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research report on Tuesday, December 26th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. Wacker Chemie has an average rating of Hold and a consensus target price of €135.94 ($161.83).
Wacker Chemie (ETR WCH) opened at €167.45 ($199.35) on Monday. The firm has a market cap of $8,760.00 and a P/E ratio of 38.23. Wacker Chemie has a 52-week low of €90.59 ($107.85) and a 52-week high of €173.50 ($206.55).
TRADEMARK VIOLATION NOTICE: This article was reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this article on another website, it was copied illegally and reposted in violation of US & international copyright & trademark law. The correct version of this article can be viewed at https://stocknewstimes.com/2018/01/12/wacker-chemie-wch-given-a-165-00-price-target-at-jpmorgan-chase-co.html.
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.
Receive News & Ratings for Wacker Chemie Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Chemie and related companies with MarketBeat.com's FREE daily email newsletter.