Warburg Research Analysts Give Wacker Neuson (WAC) a €28.00 Price Target
Warburg Research set a €28.00 ($32.56) price objective on Wacker Neuson (ETR:WAC) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently issued reports on WAC. Hauck & Aufhaeuser set a €36.50 ($42.44) price target on Wacker Neuson and gave the company a buy rating in a report on Wednesday, January 9th. Kepler Capital Markets set a €21.00 ($24.42) price target on Wacker Neuson and gave the company a neutral rating in a report on Tuesday, March 19th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of €27.88 ($32.42).
Wacker Neuson stock opened at €24.18 ($28.12) on Wednesday. The company has a debt-to-equity ratio of 20.67, a current ratio of 2.85 and a quick ratio of 0.96. Wacker Neuson has a 12-month low of €16.17 ($18.80) and a 12-month high of €29.20 ($33.95). The stock has a market capitalization of $1.66 billion and a P/E ratio of 11.74.
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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