Trading Volume and Analysts

In the reporting year, the average daily trading volume on the Xetra, Chi-X and Turquoise trading platforms for WACKER stock was approximately 181,000 shares and thus below the prior-year figure of around 203,000 shares.

In 2017, many investment banks changed their analysts. As a result, there will be a new group of analysts covering WACKER in the future. Their number in 2017 was 20 (2016: 23). During the year, analysts’ consensus price target for WACKER stock rose. In Q1, the average price target for WACKER stock was €105 (13 estimates). At year-end 2017, though, analysts set their fair-value price target at €135 on average (17 estimates), which was 29 percent higher than at the start of the year.

On our website, we regularly report on the consensus of analysts’ expectations for the current year. Moreover, our website offers extensive information on WACKER stock. In addition to financial reports, a Fact Book, presentations and publications (viewable online or downloadable), our website lists all our key financial-calendar dates, along with information on who to contact with questions. Videos of our annual press conference and other events are also available for online viewing, or as an audio stream. Investors can additionally subscribe to an email newsletter that provides immediate updates on new developments in the Group. As was the case last year, we are also offering an online version of our Annual Report for 2017.