Wacker Neuson SE (ETR:WAC) Receives Consensus Rating of “Buy” from Analysts

Shares of Wacker Neuson SE (ETR:WAC) have been given a consensus recommendation of “Buy” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is €28.02 ($32.58).

Several equities analysts recently weighed in on WAC shares. Warburg Research set a €28.80 ($33.49) price target on shares of Wacker Neuson and gave the stock a “buy” rating in a report on Tuesday, August 6th. Kepler Capital Markets set a €21.00 ($24.42) price objective on shares of Wacker Neuson and gave the stock a “neutral” rating in a research note on Tuesday, May 7th. Finally, Hauck & Aufhaeuser set a €36.50 ($42.44) price objective on shares of Wacker Neuson and gave the stock a “buy” rating in a research note on Tuesday, August 13th.

ETR:WAC traded up €0.06 ($0.07) during midday trading on Wednesday, hitting €15.58 ($18.12). The company’s stock had a trading volume of 116,232 shares, compared to its average volume of 53,813. Wacker Neuson has a fifty-two week low of €14.13 ($16.43) and a fifty-two week high of €23.10 ($26.86). The firm’s 50 day moving average is €17.86 and its 200-day moving average is €21.01. The company has a debt-to-equity ratio of 52.51, a current ratio of 2.45 and a quick ratio of 0.89. The firm has a market cap of $1.09 billion and a P/E ratio of 10.44.



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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Analyst Recommendations for Wacker Neuson (ETR:WAC)

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