Wacker Neuson (ETR:WAC) Given a €23.00 Price Target by Warburg Research Analysts
Warburg Research set a €23.00 ($26.74) target price on Wacker Neuson (ETR:WAC) in a report published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts also recently weighed in on WAC. Kepler Capital Markets set a €14.00 ($16.28) price target on Wacker Neuson and gave the stock a sell rating in a report on Monday, September 30th. Hauck & Aufhaeuser set a €22.50 ($26.16) price target on Wacker Neuson and gave the stock a buy rating in a report on Thursday, October 17th.
Wacker Neuson stock remained flat at $€16.30 ($18.95) during trading hours on Tuesday. The company’s stock had a trading volume of 201,254 shares, compared to its average volume of 53,813. The company has a debt-to-equity ratio of 52.51, a current ratio of 2.45 and a quick ratio of 0.89. The stock’s fifty day moving average price is €15.59 and its 200 day moving average price is €18.95. Wacker Neuson has a 52-week low of €14.12 ($16.42) and a 52-week high of €23.10 ($26.86). The firm has a market cap of $1.14 billion and a price-to-earnings ratio of 10.92.
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 three segments: Light Equipment, Compact Equipment, and Services. The company offers internal and external vibrators for concrete compaction; trowels and screeds for concrete finishing; rammers, vibratory plates, and rollers for soil compaction; demolition products and saws; lighting; generators; pumps; and heaters.
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