ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has left its rating for Wacker Chemie at "Buy" with a target price of 137 euros ahead of the second-quarter figures expected at the end of July. In a study published on Wednesday, analyst Samuel Perry wrote that his operating profit (EBITDA) forecast for the current quarter was 14 percent above the analysts' consensus. The momentum in silicones with an improved product mix is supporting profitability. He is therefore somewhat more optimistic about the profit contribution from this division, although this will be partially offset by polysilicon./tih/mis

Publication of the original study: 18.06.2024 / 12:22 / GMT

First dissemination of the original study: 18.06.2024 / 12:22 / GMT

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