Wacker Neuson (ETR:WAC) has been assigned a €36.50 ($42.44) price target by Hauck & Aufhaeuser in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective suggests a potential upside of 58.42% from the company’s current price.
Several other research firms have also issued reports on WAC. Kepler Capital Markets set a €21.00 ($24.42) target price on Wacker Neuson and gave the stock a “neutral” rating in a report on Tuesday, May 7th. Warburg Research set a €28.80 ($33.49) target price on Wacker Neuson and gave the stock a “buy” rating in a report on Tuesday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €28.02 ($32.58).
WAC stock opened at €23.04 ($26.79) on Thursday. The company has a current ratio of 2.26, a quick ratio of 0.76 and a debt-to-equity ratio of 37.08. The firm has a market cap of $1.60 billion and a price-to-earnings ratio of 10.72. Wacker Neuson has a fifty-two week low of €16.17 ($18.80) and a fifty-two week high of €27.98 ($32.53).
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.
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