WashTec AG (WSU) Given a €72.00 Price Target at HSBC Holdings plc

HSBC Holdings plc set a €72.00 ($84.71) price target on WashTec AG (ETR:WSU) in a report issued on Monday morning. The firm currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the company. Hauck & Aufhaeuser set a €75.00 ($88.24) price objective on WashTec AG and gave the company a buy rating in a report on Thursday, July 27th. Warburg Research set a €71.00 ($83.53) price objective on WashTec AG and gave the company a neutral rating in a report on Friday.

WashTec AG (WSU) traded down 0.29% during mid-day trading on Monday, hitting €76.49. The stock had a trading volume of 40 shares. The firm has a market cap of €1.02 billion and a PE ratio of 27.46. 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 €74.18 and its 200 day moving average price is €69.56.

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WashTec AG Company Profile

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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