In a report issued on November 23, Geoff Haire from UBS maintained a Buy rating on Wacker Chemie AG (WKCMF), with a price target of EUR100.00. The company’s shares closed last Tuesday at $123.05.
According to TipRanks.com, Haire is ranked #3003 out of 7112 analysts.
Currently, the analyst consensus on Wacker Chemie AG is a Moderate Buy with an average price target of $113.39, a -7.9% downside from current levels. In a report issued on November 12, Kepler Capital also upgraded the stock to Buy with a EUR93.00 price target.
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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 31.
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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.
