In a report released today, Samuel Perry from Credit Suisse maintained a Buy rating on Wacker Chemie AG (WKCMF), with a price target of EUR93.00. The company’s shares closed last Wednesday at $96.55.
Perry has an average return of 33.0% when recommending Wacker Chemie AG.
According to TipRanks.com, Perry is ranked #3381 out of 6994 analysts.
Currently, the analyst consensus on Wacker Chemie AG is a Moderate Buy with an average price target of $103.75, which is a 3.9% upside from current levels. In a report issued on October 19, UBS also maintained a Buy rating on the stock with a EUR100.00 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 52.
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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.
