Hauck & Aufhaeuser Reiterates “€22.50” Price Target for Wacker Neuson (ETR:WAC)

Hauck & Aufhaeuser set a €22.50 ($26.16) price target on Wacker Neuson (ETR:WAC) in a report issued on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. Kepler Capital Markets set a €14.00 ($16.28) price target on shares of Wacker Neuson and gave the stock a sell rating in a research report on Monday, September 30th. Warburg Research set a €24.20 ($28.14) price target on shares of Wacker Neuson and gave the stock a buy rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of €23.68 ($27.53).

WAC traded up €0.30 ($0.35) during trading on Thursday, reaching €14.62 ($17.00). 234,050 shares of the company’s stock were exchanged, compared to its average volume of 53,813. Wacker Neuson has a 1 year low of €14.13 ($16.43) and a 1 year high of €25.58 ($29.74). 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 stock has a market capitalization of $1.03 billion and a P/E ratio of 9.80. The company’s fifty day simple moving average is €16.44 and its 200-day simple moving average is €20.00.

Wacker Neuson Company Profile

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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