Wacker Neuson (ETR:WAC) PT Set at €22.50 by Hauck & Aufhaeuser
Wacker Neuson (ETR:WAC) received a €22.50 ($26.16) price target from equities research analysts at Hauck & Aufhaeuser in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target suggests a potential upside of 38.04% from the company’s previous close.
Other equities research analysts have also recently issued research reports about the stock. Warburg Research set a €23.00 ($26.74) price target on shares of Wacker Neuson and gave the stock a “buy” rating in a research report on Tuesday. Kepler Capital Markets set a €14.00 ($16.28) price target on shares of Wacker Neuson and gave the stock a “sell” rating in a research report on Monday, September 30th.
Shares of ETR:WAC remained flat at $€16.30 ($18.95) during trading on Tuesday. 201,254 shares of the stock traded hands, compared to its average volume of 53,813. Wacker Neuson has a 12 month low of €14.12 ($16.42) and a 12 month high of €23.10 ($26.86). The company’s fifty day moving average is €15.59 and its 200-day moving average is €18.95. The company has a debt-to-equity ratio of 52.51, a quick ratio of 0.89 and a current ratio of 2.45. The company has a market capitalization of $1.14 billion and a price-to-earnings ratio of 10.92.
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 three segments: Light Equipment, Compact Equipment, and Services. The company offers internal and external vibrators for concrete compaction; trowels and screeds for concrete finishing; rammers, vibratory plates, and rollers for soil compaction; demolition products and saws; lighting; generators; pumps; and heaters.
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