Hauck & Aufhaeuser Reiterates “€36.50” Price Target for Wacker Neuson (ETR:WAC)

Hauck & Aufhaeuser set a €36.50 ($42.44) price target on Wacker Neuson (ETR:WAC) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

WAC has been the subject of a number of other reports. Kepler Capital Markets set a €21.00 ($24.42) price target on Wacker Neuson and gave the company a neutral rating in a research note on Tuesday, May 7th. Warburg Research set a €28.80 ($33.49) price target on Wacker Neuson and gave the company a buy rating in a research note on Tuesday, August 6th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of €28.02 ($32.58).

Wacker Neuson stock opened at €14.39 ($16.73) on Tuesday. The stock has a 50-day moving average of €18.68 and a two-hundred day moving average of €21.17. The company has a debt-to-equity ratio of 52.51, a quick ratio of 0.89 and a current ratio of 2.45. Wacker Neuson has a one year low of €15.10 ($17.56) and a one year high of €25.58 ($29.74). The stock has a market cap of $1.01 billion and a PE ratio of 9.64.

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.

See Also: Understanding Price to Earnings Ratio (PE)

Analyst Recommendations for Wacker Neuson (ETR:WAC)

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