WashTec (ETR:WSU) has been assigned a €72.00 ($83.72) price target by investment analysts at HSBC in a research report issued on Wednesday. The firm currently has a “neutral” rating on the stock. HSBC’s target price suggests a potential upside of 22.03% from the company’s current price.

Other analysts have also recently issued reports about the stock. Hauck & Aufhaeuser set a €86.50 ($100.58) target price on shares of WashTec and gave the stock a “buy” rating in a research note on Friday, October 26th. Warburg Research set a €71.00 ($82.56) target price on shares of WashTec and gave the stock a “neutral” rating in a research note on Friday, October 26th.

WSU stock opened at €59.00 ($68.60) on Wednesday. WashTec has a 52 week low of €53.33 ($62.01) and a 52 week high of €83.60 ($97.21).

WashTec Company Profile

WashTec AG, through its subsidiaries, provides vehicle washing solutions in Europe, North America, and the Asia Pacific. The company produces, markets, and services a range of wash systems with conventional brushes, rollovers, wash tunnel conveyor systems, cloth washers, and high-pressure water jets for cars, trucks, buses, and other commercial vehicles.

Read More: Price to Earnings Ratio (PE)

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