Wacker Chemie (OTCMKTS:WKCMF) Upgraded to “Overweight” at Barclays

Barclays upgraded shares of Wacker Chemie (OTCMKTS:WKCMF) to an overweight rating in a report issued on Thursday morning, The Fly reports.

Other equities research analysts have also recently issued research reports about the company. Kepler Capital Markets raised Wacker Chemie to a hold rating in a research note on Friday, April 23rd. Citigroup reissued a sell rating on shares of Wacker Chemie in a research note on Tuesday, February 16th. DZ Bank reissued a buy rating on shares of Wacker Chemie in a research note on Wednesday, May 26th. Norddeutsche Landesbank reaffirmed a hold rating on shares of Wacker Chemie in a research note on Thursday, March 25th. Finally, Morgan Stanley reaffirmed an equal weight rating on shares of Wacker Chemie in a research note on Monday, April 19th. Four analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. Wacker Chemie currently has an average rating of Hold.

Shares of WKCMF stock opened at $166.75 on Thursday. The company has a 50-day moving average of $158.76. Wacker Chemie has a 1-year low of $66.45 and a 1-year high of $175.60.

About Wacker Chemie

Wacker Chemie AG 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, personal care, paint, and coating solutions.

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