Posted by admin on Aug 20th, 2022
Wacker Chemie (ETR:WCH – Get Rating) received a €201.00 ($205.10) target price from analysts at Warburg Research in a research report issued on Thursday, Borsen Zeitung reports. Warburg Research’s target price indicates a potential upside of 36.46% from the stock’s previous close.
A number of other brokerages also recently commented on WCH. JPMorgan Chase & Co. set a €126.00 ($128.57) target price on Wacker Chemie in a research note on Monday, August 1st. Berenberg Bank set a €155.00 ($158.16) target price on Wacker Chemie in a research note on Friday, July 29th. Credit Suisse Group set a €188.00 ($191.84) target price on Wacker Chemie in a research note on Friday, July 29th. UBS Group set a €135.00 ($137.76) target price on Wacker Chemie in a research note on Friday, July 29th. Finally, Barclays set a €200.00 ($204.08) price target on Wacker Chemie in a report on Tuesday, August 9th.
ETR:WCH opened at €147.30 ($150.31) on Thursday. The company has a market capitalization of $7.32 billion and a price-to-earnings ratio of 5.82. Wacker Chemie has a one year low of €117.80 ($120.20) and a one year high of €187.10 ($190.92). The stock has a 50-day simple moving average of €145.09 and a 200 day simple moving average of €150.04. The company has a debt-to-equity ratio of 33.95, a quick ratio of 1.52 and a current ratio of 2.33.
Wacker Chemie AG, together with its subsidiaries, 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, health, and renewable energy industries.
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