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 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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