Wacker Neuson (WAC) Given a €28.80 Price Target at Warburg Research

Wacker Neuson (ETR:WAC) received a €28.80 ($33.49) price objective from equities research analysts at Warburg Research in a research note issued on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Warburg Research’s price objective would suggest a potential upside of 24.89% from the company’s previous close.

WAC has been the subject of several other research reports. Kepler Capital Markets set a €21.00 ($24.42) price target on Wacker Neuson and gave the stock 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 stock a “buy” rating in a research note on Thursday, March 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of €28.02 ($32.58).

Shares of WAC stock opened at €23.06 ($26.81) on Tuesday. The company has a debt-to-equity ratio of 37.08, a current ratio of 2.26 and a quick ratio of 0.76. Wacker Neuson has a 12-month low of €16.17 ($18.80) and a 12-month high of €27.98 ($32.53). The stock has a market cap of $1.60 billion and a price-to-earnings ratio of 10.73.

About Wacker Neuson

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.

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Analyst Recommendations for Wacker Neuson (ETR:WAC)

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