WashTec AG (WSU) PT Set at €71.00 by Warburg Research

WashTec AG (ETR:WSU) received a €71.00 ($83.53) price objective from equities research analysts at Warburg Research in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock.

Several other equities research analysts have also commented on WSU. HSBC Holdings plc set a €67.00 ($78.82) price target on shares of WashTec AG and gave the company a “neutral” rating in a report on Friday, June 30th. Hauck & Aufhaeuser set a €75.00 ($88.24) price target on shares of WashTec AG and gave the company a “buy” rating in a report on Thursday, July 27th.

WashTec AG (ETR:WSU) opened at 76.715 on Friday. The stock has a market capitalization of €1.03 billion and a P/E ratio of 27.536. WashTec AG has a 52-week low of €42.40 and a 52-week high of €78.52. The company’s 50-day moving average price is €73.78 and its 200 day moving average price is €69.42.

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About WashTec AG

WashTec AG, through its subsidiaries, provides vehicle washing solutions in Europe, North America, and the Asia Pacific. The company produces, markets, and services a range of wash systems with conventional brushes, rollovers, wash tunnel conveyor systems, cloth washers, and high-pressure water jets for cars, trucks, buses, and other commercial vehicles.

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