Wacker Chemie (ETR:WCH) Given a €105.00 Price Target at UBS Group

UBS Group set a €105.00 ($122.09) price objective on Wacker Chemie (ETR:WCH) in a research note released on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

WCH has been the topic of a number of other reports. JPMorgan Chase & Co. set a €70.00 ($81.40) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research note on Thursday. Kepler Capital Markets set a €73.00 ($84.88) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research note on Wednesday, June 5th. HSBC set a €73.00 ($84.88) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research note on Monday, June 24th. Independent Research set a €80.00 ($93.02) price target on shares of Wacker Chemie and gave the stock a sell rating in a research note on Thursday, April 25th. Finally, Nord/LB set a €84.00 ($97.67) price target on shares of Wacker Chemie and gave the stock a neutral rating in a research note on Friday, April 26th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of €93.25 ($108.43).

ETR WCH opened at €66.10 ($76.86) on Thursday. Wacker Chemie has a 1-year low of €61.56 ($71.58) and a 1-year high of €130.25 ($151.45). The company has a debt-to-equity ratio of 43.38, a current ratio of 2.76 and a quick ratio of 1.55. The firm has a market capitalization of $3.28 billion and a P/E ratio of 20.17. The stock has a fifty day moving average of €67.82.

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, 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.

See Also: Current Ratio

Analyst Recommendations for Wacker Chemie (ETR:WCH)

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