WashTec (WSU) Given a €81.00 Price Target by Warburg Research Analysts

Warburg Research set a €81.00 ($94.19) price target on WashTec (ETR:WSU) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

WSU has been the topic of a number of other reports. Hauck & Aufhaeuser set a €82.50 ($95.93) price objective on WashTec and gave the company a buy rating in a research note on Monday, March 25th. HSBC set a €75.00 ($87.21) price objective on WashTec and gave the company a neutral rating in a research note on Thursday, May 2nd.

ETR:WSU opened at €64.40 ($74.88) on Monday. The company has a debt-to-equity ratio of 22.75, a quick ratio of 0.79 and a current ratio of 1.13. WashTec has a 52-week low of €51.50 ($59.88) and a 52-week high of €83.80 ($97.44). The firm has a market cap of $861.82 million and a P/E ratio of 25.32.

WashTec Company Profile

WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific. The company produces, markets, and services a range of car wash systems with conventional brushes, cloth washers and high-pressure water jets for cars, trucks, buses, and other commercial vehicles. It also provides gantry and self-service car washes; digital systems, including payment and operator terminals or online operator management systems; water recycling systems; accessories comprising vacuum and mat cleaners, spray devices, money-changing machines, waster bins and canopies, and wash cards; conveyor tunnel systems; carwash chemicals under the Auwa brand name; brushes; spare parts; and commercial vehicle washing systems.

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