Hauck & Aufhaeuser set a €36.50 ($42.44) price objective on Wacker Neuson (ETR:WAC) in a research note released on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms also recently issued reports on WAC. Warburg Research set a €28.00 ($32.56) target price on shares of Wacker Neuson and gave the company a buy rating in a report on Wednesday, March 20th. Kepler Capital Markets set a €21.00 ($24.42) target price on shares of Wacker Neuson and gave the company a neutral rating in a report on Tuesday, March 19th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of €28.02 ($32.58).
Shares of ETR WAC opened at €22.42 ($26.07) on Friday. The stock has a market cap of $1.56 billion and a PE ratio of 10.43. Wacker Neuson has a 12 month low of €16.17 ($18.80) and a 12 month high of €27.26 ($31.70). The company has a quick ratio of 0.76, a current ratio of 2.26 and a debt-to-equity ratio of 37.08.
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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