Wacker Neuson (ETR:WAC) Given a €29.00 Price Target at Warburg Research

Warburg Research set a €29.00 ($34.12) target price on Wacker Neuson (ETR:WAC) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

WAC has been the topic of several other reports. Kepler Capital Markets set a €15.50 ($18.24) price target on shares of Wacker Neuson and gave the stock a sell rating in a research report on Monday. Berenberg Bank set a €24.00 ($28.24) price target on shares of Wacker Neuson and gave the stock a buy rating in a research report on Thursday, April 22nd. Finally, Jefferies Financial Group set a €19.50 ($22.94) price target on shares of Wacker Neuson and gave the stock a buy rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The stock has an average rating of Buy and an average target price of €22.30 ($26.24).

Shares of ETR:WAC opened at €24.48 ($28.80) on Tuesday. The company has a market cap of $1.72 billion and a PE ratio of 123.10. The company’s 50-day moving average price is €21.06 and its 200 day moving average price is €18.02. Wacker Neuson has a fifty-two week low of €10.40 ($12.24) and a fifty-two week high of €25.10 ($29.53). The company has a quick ratio of 1.75, a current ratio of 3.65 and a debt-to-equity ratio of 41.36.

Wacker Neuson Company Profile

Wacker Neuson SE manufactures and distributes light and compact equipment under the Wacker Neuson, Kramer, and Weidemann brand names in Europe, the Americas, and the Asia-Pacific. It operates through three segments: Light Equipment, Compact Equipment, and Services. 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.

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