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.
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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