Warburg Research set a €58.00 ($68.24) price objective on WashTec AG (ETR:WSU) in a report issued on Friday. The firm currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on WSU. HSBC Holdings plc set a €67.00 ($78.82) price target on shares of WashTec AG and gave the company a neutral rating in a research report on Friday, June 30th. Hauck & Aufhaeuser set a €75.00 ($88.24) price target on shares of WashTec AG and gave the company a buy rating in a research report on Thursday, July 27th.

WashTec AG (ETR:WSU) opened at 67.80 on Friday. WashTec AG has a 52 week low of €34.70 and a 52 week high of €73.98. The company has a 50-day moving average of €68.02 and a 200-day moving average of €63.09. The firm has a market cap of €907.30 million and a price-to-earnings ratio of 24.79.

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About WashTec AG

WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company and its subsidiaries focus on developing, manufacturing, selling and servicing car wash products. The Company operates through three geographical segments: Core Europe, North America, and Asia/Pacific.

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