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.
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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