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Wacker Neuson (WAC) PT Set at €28.80 by Warburg Research

Wacker Neuson (WAC) PT Set at €28.80 by Warburg Research Posted by Logan Wallace on May 16th, 2019 Tweet

Wacker Neuson (ETR:WAC) has been assigned a €28.80 ($33.49) target price by stock analysts at Warburg Research in a report released on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Warburg Research’s price objective indicates a potential upside of 26.76% from the stock’s previous close.

Several other analysts also recently issued reports on the company. Kepler Capital Markets set a €21.00 ($24.42) price target on Wacker Neuson and gave the company a “neutral” rating in a research note on Tuesday, May 7th. Hauck & Aufhaeuser set a €36.50 ($42.44) price target on Wacker Neuson and gave the company a “buy” rating in a research note on Tuesday, May 7th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of €28.02 ($32.58). Get Wacker Neuson alerts:

WAC opened at €22.72 ($26.42) on Tuesday. Wacker Neuson has a 1 year low of €16.17 ($18.80) and a 1 year high of €27.98 ($32.53). The stock has a market capitalization of $1.58 billion and a price-to-earnings ratio of 10.57. The company has a debt-to-equity ratio of 37.08, a quick ratio of 0.76 and a current ratio of 2.26. Wacker Neuson Company Profile

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.