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.

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; 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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Analyst Recommendations for Wacker Neuson (ETR:WAC)

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