Wacker Neuson (WAC) Given a €26.10 Price Target at Warburg Research
A number of other research firms also recently issued reports on WAC. Kepler Capital Markets set a €19.00 ($22.09) target price on Wacker Neuson and gave the stock a neutral rating in a research report on Wednesday, November 14th. Hauck & Aufhaeuser set a €36.50 ($42.44) target price on Wacker Neuson and gave the stock a buy rating in a research report on Thursday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of €27.23 ($31.67).
ETR:WAC opened at €22.90 ($26.63) on Thursday. The company has a debt-to-equity ratio of 20.55, a current ratio of 3.09 and a quick ratio of 1.09. Wacker Neuson has a 1 year low of €16.17 ($18.80) and a 1 year high of €30.24 ($35.16). The firm has a market capitalization of $1.59 billion and a price-to-earnings ratio of 11.64.
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; rebar tier; frequency converters; rammers, vibratory plates, and rollers for soil compaction; air dehumidifiers; demolition products, such as breakers and saws; light towers and generators; pumps; and heaters.
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