Wacker Chemie (ETR:WCH) Given a €197.00 Price Target at Barclays

Barclays set a €197.00 ($211.83) price objective on Wacker Chemie (ETR:WCHGet Rating) in a report released on Thursday morning, Borsen Zeitung reports.

WCH has been the subject of several other reports. Credit Suisse Group set a €184.00 ($197.85) price target on Wacker Chemie in a report on Friday, April 8th. Baader Bank set a €190.00 ($204.30) price target on Wacker Chemie in a report on Thursday. JPMorgan Chase & Co. set a €160.00 ($172.04) price target on Wacker Chemie in a report on Thursday. Warburg Research set a €191.00 ($205.38) price target on Wacker Chemie in a report on Tuesday, April 5th. Finally, UBS Group set a €190.00 ($204.30) price objective on shares of Wacker Chemie in a research report on Monday, March 28th. Six analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Hold and a consensus price target of €167.36 ($179.96).

Shares of ETR WCH opened at €156.95 ($168.76) on Thursday. Wacker Chemie has a 12-month low of €116.65 ($125.43) and a 12-month high of €177.75 ($191.13). The company has a market cap of $7.80 billion and a P/E ratio of 9.66. The company has a current ratio of 2.25, a quick ratio of 1.54 and a debt-to-equity ratio of 46.34. The stock has a fifty day moving average price of €150.99 and a 200 day moving average price of €146.77.

About Wacker Chemie (Get Rating)

Wacker Chemie AG, together with its subsidiaries, provides chemical products worldwide. It operates through four divisions: Wacker Silicones, Wacker Polymers, Wacker Biosolutions, and Wacker Polysilicon. The Wacker Silicones division offers silanes, siloxanes, silicone fluids, silicone emulsions, silicone elastomers, silicone resins, and pyrogenic silicas for use in construction, electronics, automotive, health, and renewable energy industries.

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