Several analysts have recently updated their ratings and price targets for Wabco Holdings (NYSE: WBC):

  • 9/29/2017 – Wabco Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $166.00 price target on the stock. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/25/2017 – Wabco Holdings had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 9/25/2017 – Wabco Holdings is now covered by analysts at Berenberg Bank. They set a “buy” rating and a $173.00 price target on the stock.
  • 9/20/2017 – Wabco Holdings was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/19/2017 – Wabco Holdings had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $161.00 price target on the stock, up previously from $156.00.
  • 9/19/2017 – Wabco Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $159.00 price target on the stock. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/12/2017 – Wabco Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $159.00 price target on the stock. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/8/2017 – Wabco Holdings was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/7/2017 – Wabco Holdings had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $156.00 price target on the stock.
  • 9/5/2017 – Wabco Holdings is now covered by analysts at Buckingham Research. They set a “neutral” rating and a $142.00 price target on the stock.
  • 9/5/2017 – Wabco Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $161.00 price target on the stock. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 9/2/2017 – Wabco Holdings was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 8/30/2017 – Wabco Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $156.00 price target on the stock. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 8/26/2017 – Wabco Holdings was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “WABCO is one of the world’s leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. WABCO products are also increasingly used in luxury cars and sport utility vehicles. “
  • 8/26/2017 – Wabco Holdings was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/24/2017 – Wabco Holdings was given a new $147.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 8/24/2017 – Wabco Holdings had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $149.00 price target on the stock.
  • 8/23/2017 – Wabco Holdings was given a new $150.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 8/19/2017 – Wabco Holdings had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $150.00 price target on the stock.

Wabco Holdings Inc. (NYSE:WBC) traded up 0.91% during midday trading on Tuesday, hitting $149.41. 370,308 shares of the company were exchanged. The stock has a 50 day moving average of $142.63 and a 200 day moving average of $128.36. Wabco Holdings Inc. has a 1-year low of $96.10 and a 1-year high of $150.71. The firm has a market capitalization of $8.01 billion, a PE ratio of 24.92 and a beta of 1.65.

Wabco Holdings (NYSE:WBC) last announced its earnings results on Thursday, July 20th. The auto parts company reported $1.69 EPS for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.15. The firm had revenue of $795.00 million for the quarter, compared to analysts’ expectations of $759.33 million. Wabco Holdings had a net margin of 11.23% and a return on equity of 40.21%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.43 EPS. On average, equities analysts predict that Wabco Holdings Inc. will post $6.28 earnings per share for the current fiscal year.

In related news, Director Juergen Gromer sold 7,127 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $138.00, for a total value of $983,526.00. Following the sale, the director now owns 969 shares in the company, valued at approximately $133,722. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director G Peter Daloia sold 3,626 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $139.78, for a total value of $506,842.28. Following the completion of the sale, the director now owns 4,316 shares in the company, valued at approximately $603,290.48. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,054 shares of company stock valued at $1,952,903. 0.79% of the stock is owned by company insiders.

WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.

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