Deutsche Bank AG Reiterates €26.50 Price Target for Wacker Neuson SE (WAC)
Wacker Neuson SE (ETR:WAC) has been assigned a €26.50 ($31.55) price target by Deutsche Bank AG in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the stock.
A number of other equities analysts have also recently weighed in on the company. Hauck & Aufhaeuser set a €31.00 ($36.90) price target on Wacker Neuson SE and gave the stock a “buy” rating in a report on Thursday, August 10th. Kepler Capital Markets set a €17.00 ($20.24) price target on Wacker Neuson SE and gave the stock a “sell” rating in a report on Tuesday, August 8th. Finally, Warburg Research set a €27.00 ($32.14) price target on Wacker Neuson SE and gave the stock a “buy” rating in a report on Friday, August 4th.
Shares of Wacker Neuson SE (ETR:WAC) traded down 1.270% during mid-day trading on Thursday, reaching €27.053. The company’s stock had a trading volume of 450 shares. The firm has a market capitalization of €1.90 billion and a P/E ratio of 30.812. The company’s 50-day moving average is €24.15 and its 200 day moving average is €21.59. Wacker Neuson SE has a 1-year low of €12.09 and a 1-year high of €27.44.
Wacker Neuson SE 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 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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