Warburg Research Reiterates “€28.00” Price Target for Wacker Neuson (WAC)

Wacker Neuson (ETR:WAC) has been assigned a €28.00 ($32.56) price target by analysts at Warburg Research in a report released on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Warburg Research’s price objective points to a potential upside of 12.99% from the company’s previous close.

WAC has been the topic of a number of other reports. Hauck & Aufhaeuser set a €36.50 ($42.44) price target on Wacker Neuson and gave the company a “buy” rating in a report on Wednesday, January 9th. Kepler Capital Markets set a €21.00 ($24.42) price target on Wacker Neuson and gave the company a “neutral” rating in a report on Tuesday. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Wacker Neuson has a consensus rating of “Buy” and an average target price of €27.88 ($32.42).

ETR:WAC opened at €24.78 ($28.81) on Tuesday. The company has a current ratio of 2.85, a quick ratio of 0.96 and a debt-to-equity ratio of 20.67. The stock has a market cap of $1.72 billion and a price-to-earnings ratio of 12.03. Wacker Neuson has a 52 week low of €16.17 ($18.80) and a 52 week high of €29.20 ($33.95).

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 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.

Further Reading: What are retained earnings?

Analyst Recommendations for Wacker Neuson (ETR:WAC)

Receive News & Ratings for Wacker Neuson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Neuson and related companies with MarketBeat.com's FREE daily email newsletter.