Wacker Neuson (ETR:WAC) has been assigned a €12.00 ($13.95) price objective by analysts at Kepler Capital Markets in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ target price would indicate a potential downside of 20.27% from the company’s current price.
A number of other research firms have also recently issued reports on WAC. Warburg Research set a €23.00 ($26.74) price target on Wacker Neuson and gave the stock a “buy” rating in a report on Tuesday, November 12th. Hauck & Aufhaeuser set a €22.50 ($26.16) price objective on Wacker Neuson and gave the company a “buy” rating in a research report on Tuesday, November 12th.
Shares of ETR WAC opened at €15.05 ($17.50) on Tuesday. The firm has a market capitalization of $1.14 billion and a PE ratio of 10.31. The firm’s 50-day moving average is €16.69 and its 200-day moving average is €16.86. The company has a current ratio of 2.62, a quick ratio of 0.89 and a debt-to-equity ratio of 50.79. Wacker Neuson has a 1 year low of €14.12 ($16.42) and a 1 year high of €25.58 ($29.74).
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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