WACKER CHEMIE (ETR:WCH) Rating Restated
Research professionals at Kepler Cheuvreux have EUR 104.00 PT on Wacker Chemie (ETR:WCH). Kepler Cheuvreux’s PT gives a potential downside of -4.67 % from the company’s last stock price. The rating was revealed in a research report on 1 February.
Out of 21 analysts covering WACKER CHEMIE, 11 rate it a Buy, 10 indicate a Hold while 2 suggest a Sell. The highest target is EUR 131.46 and the lowest is EUR 70.7 according to Thomson/First Call. The 12-month mean target is EUR 98.23, which means downside potential of 10.00% over the current price.
WACKER CHEMIE (ETR:WCH) Profile
Wacker Chemie AG is a Germany-based company engaged in chemical industry. The Company operates through four business segments: WACKER SILICONES, which produces silicone products, ranging from silanes through silicone fluids, emulsions, elastomers, sealants and resins to pyrogenic silicas; WACKER POLYMERS, which offers a range of polymeric binders and additives; WACKER POLYSILICON, which provides polysilicon, and WACKER BIOSOLUTIONS, which is the life science division of the Company, offers solutions and products for the food, pharmaceutical and agrochemical industries. The Company offers its products for a range of sectors, including consumer goods, food, pharmaceuticals, textiles and the solar, electrical/electronics, basic-chemical industries, medical technology, biotech and mechanical engineering, automotive and construction.
WACKER CHEMIE (ETR:WCH) traded down -2.20% on 1 February, hitting EUR 109.15. A total of 365,100 shares of the company’s stock traded hands. This is up from average of 111,811 shares. WACKER CHEMIE has a 52 week low of EUR 58.20 and a 52 week high of EUR 115.01. The company has a market cap of 5.69B EUR and a P/E ratio of 36.69.
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