Brokerages Set Wacker Neuson SE (WAC) Price Target at $29.20
Shares of Wacker Neuson SE (ETR:WAC) have received an average rating of “Hold” from the six analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is €29.20 ($36.05).
A number of equities research analysts recently commented on WAC shares. Hauck & Aufhaeuser set a €38.00 ($46.91) target price on Wacker Neuson and gave the stock a “buy” rating in a research report on Friday, February 16th. equinet set a €27.20 ($33.58) target price on Wacker Neuson and gave the stock a “neutral” rating in a research report on Monday, November 27th. Berenberg Bank set a €31.00 ($38.27) target price on Wacker Neuson and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. Kepler Capital Markets set a €25.00 ($30.86) target price on Wacker Neuson and gave the stock a “sell” rating in a research report on Thursday, January 18th. Finally, Warburg Research set a €27.50 ($33.95) target price on Wacker Neuson and gave the stock a “neutral” rating in a research report on Friday, November 10th.
Shares of Wacker Neuson (ETR WAC) traded up €0.08 ($0.10) during trading on Wednesday, hitting €27.46 ($33.90). The stock had a trading volume of 60,710 shares, compared to its average volume of 46,326. Wacker Neuson has a fifty-two week low of €17.68 ($21.83) and a fifty-two week high of €33.86 ($41.80). The stock has a market capitalization of $1,930.00 and a P/E ratio of 23.47.
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About Wacker Neuson
Wacker Neuson SE manufactures and distributes light and compact equipment under the Wacker Neuson, Kramer, and Weidemann brand names in Europe, the Americas, and Asia-Pacific. It operates through Light Equipment, Compact Equipment, and Services segments. The company offers internal and external vibrators for concrete compaction; trowels and screeds for concrete finishing; rammers, vibratory plates, and rollers for soil compaction; demolition products and saws; lighting; generators; pumps; and heaters, as well as compact construction equipment, including excavators, compact and tele wheel loaders, telehandlers, skid steer and compact track loaders, dumpers, and telescopic and articulated wheel loaders.
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