Kepler Capital Upgrades Wacker Chemie AG (WKCMF) to Buy


Wacker Chemie AG (WKCMF) received a Buy rating and a EUR93.00 price target from Kepler Capital analyst Christian Faitz on November 17. The company’s shares closed last Monday at $106.00, close to its 52-week high of $111.20.

Faitz has an average return of 24.5% when recommending Wacker Chemie AG.

According to TipRanks.com, Faitz is ranked #4746 out of 7090 analysts.

Currently, the analyst consensus on Wacker Chemie AG is a Moderate Buy with an average price target of $105.38.

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The company has a one-year high of $111.20 and a one-year low of $34.00. Currently, Wacker Chemie AG has an average volume of 39.

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Wacker Chemie AG engages in the manufacture and distribution of chemical products. It operates through the following segments: Silicones, Polymers, Biosolutions, Polysilicons, and Other. The Silicones segment includes silicones and silicone rubber for consumer goods, chemicals, energy and electronics applications, and construction products. The Polymers segment produces dispersions and dispersible polymer powders. The Biosolutions segment fabricates fine chemicals, such as proteins, cyclodextirins, cysteine, and acetate solid resins. The Polysilicon segment consists of hyperpure polysilicon, chlorosilanes, and pyrogenic silicas for the semiconductor and electronics industries. The Others segments comprises of other activities. The company was founded on October 13, 1914 and is headquartered in Munich, Germany.

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