Wacker Neuson (ETR:WAC) has been given a €25.00 ($30.86) price objective by Kepler Capital Markets in a note issued to investors on Thursday, January 18th. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ price target would suggest a potential downside of 15.60% from the stock’s current price.
Other equities research analysts also recently issued reports about the stock. Hauck & Aufhaeuser set a €34.00 ($41.98) price target on shares of Wacker Neuson and gave the company a “buy” rating in a research note on Wednesday, October 11th. Warburg Research set a €27.50 ($33.95) price target on shares of Wacker Neuson and gave the company a “neutral” rating in a research note on Friday, November 10th. equinet set a €27.20 ($33.58) price target on shares of Wacker Neuson and gave the company a “neutral” rating in a research note on Monday, November 27th. Finally, Berenberg Bank set a €31.00 ($38.27) target price on shares of Wacker Neuson and gave the stock a “neutral” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of €29.20 ($36.05).
Wacker Neuson (ETR WAC) traded down €0.70 ($0.86) during mid-day trading on Thursday, reaching €29.62 ($36.57). 49,000 shares of the company’s stock traded hands, compared to its average volume of 51,633. Wacker Neuson has a 52-week low of €14.90 ($18.40) and a 52-week high of €33.90 ($41.85). The company has a market cap of $2,080.00 and a price-to-earnings ratio of 25.32.
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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 Light Equipment, Compact Equipment, and Services segments. 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, as well as compact construction equipment, including excavators, compact and tele wheel loaders, telehandlers, skid steer and compact track loaders, dumpers, and telescopic and articulated wheel loaders.
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