Hauck & Aufhaeuser set a €36.50 ($42.44) price target on Wacker Neuson (ETR:WAC) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also issued reports about the company. Warburg Research set a €28.80 ($33.49) price objective on Wacker Neuson and gave the company a buy rating in a report on Tuesday, August 6th. Kepler Capital Markets set a €21.00 ($24.42) price objective on Wacker Neuson and gave the company a neutral rating in a report on Tuesday, May 7th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Buy and an average target price of €28.02 ($32.58).
Shares of WAC opened at €14.39 ($16.73) on Tuesday. The company has a current ratio of 2.45, a quick ratio of 0.89 and a debt-to-equity ratio of 52.51. Wacker Neuson has a 12 month low of €15.10 ($17.56) and a 12 month high of €25.58 ($29.74). The stock’s 50 day moving average is €18.68 and its two-hundred day moving average is €21.17. The firm has a market cap of $1.01 billion and a P/E ratio of 9.64.
About Wacker Neuson
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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