Hauck & Aufhaeuser Reiterates “€36.50” Price Target for Wacker Neuson (WAC)
Separately, Kepler Capital Markets set a €19.00 ($22.09) price target on Wacker Neuson and gave the company a neutral rating in a report on Wednesday, November 14th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Wacker Neuson currently has an average rating of Buy and an average price target of €27.23 ($31.67).
Shares of ETR:WAC opened at €22.90 ($26.63) on Thursday. Wacker Neuson has a 1 year low of €16.17 ($18.80) and a 1 year high of €30.24 ($35.16). The stock has a market cap of $1.59 billion and a P/E ratio of 11.64. The company has a current ratio of 3.09, a quick ratio of 1.09 and a debt-to-equity ratio of 20.55.
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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