Hauck & Aufhaeuser set a €36.50 ($42.44) price objective on Wacker Neuson (ETR:WAC) in a report issued on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on the company. Kepler Capital Markets set a €14.00 ($16.28) price target on alstria office REIT and gave the stock a neutral rating in a research note on Tuesday, May 7th. Warburg Research set a €28.80 ($33.49) price target on Wacker Neuson and gave the stock a buy rating in a research note on Monday, June 17th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of €28.02 ($32.58).
Shares of WAC stock opened at €19.10 ($22.21) on Thursday. Wacker Neuson has a fifty-two week low of €16.17 ($18.80) and a fifty-two week high of €27.26 ($31.70). The stock has a market capitalization of $1.34 billion and a price-to-earnings ratio of 8.88. The company has a debt-to-equity ratio of 37.08, a current ratio of 2.26 and a quick ratio of 0.76. The business’s 50-day simple moving average is €21.54.
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 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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