WABCO (WBC) Getting Somewhat Favorable News Coverage, Study Finds
Media coverage about WABCO (NYSE:WBC) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. WABCO earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the auto parts company an impact score of 47.5815610629732 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities research analysts recently commented on the stock. ValuEngine raised shares of WABCO from a “strong sell” rating to a “sell” rating in a research report on Tuesday, July 10th. Mizuho assumed coverage on shares of WABCO in a research report on Thursday, June 28th. They set a “neutral” rating and a $130.00 target price for the company. Royal Bank of Canada reissued a “buy” rating and set a $160.00 target price on shares of WABCO in a research report on Friday, July 20th. Stifel Nicolaus set a $159.00 target price on shares of WABCO and gave the company a “buy” rating in a research report on Friday, July 20th. Finally, Zacks Investment Research raised shares of WABCO from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Thursday, April 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $157.71.
Shares of WABCO stock opened at $124.69 on Friday. The company has a current ratio of 2.48, a quick ratio of 2.07 and a debt-to-equity ratio of 0.67. WABCO has a 12-month low of $113.00 and a 12-month high of $162.20. The company has a market cap of $6.61 billion, a price-to-earnings ratio of 18.18, a P/E/G ratio of 1.09 and a beta of 1.82.
WABCO Company Profile
WABCO Holdings Inc, together with its subsidiaries, supplies electronic, mechanical, electro-mechanical, and aerodynamic products worldwide. The company engineers, develops, manufactures, and sells braking, stability, suspension, transmission automation, and air management systems primarily for commercial vehicles.
Read More: Momentum Indicator: Relative Strength Index
Receive News & Ratings for WABCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WABCO and related companies with MarketBeat.com's FREE daily email newsletter.