Shares of WABCO Holdings Inc. (NYSE:WBC) have been assigned an average recommendation of “Buy” from the nineteen brokerages that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $160.53.
Several research firms have recently issued reports on WBC. Zacks Investment Research downgraded shares of WABCO from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. BMO Capital Markets raised their price target on shares of WABCO from $147.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, October 20th. Bank of America raised their price target on shares of WABCO from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, October 20th. Buckingham Research raised their price target on shares of WABCO from $148.00 to $154.00 and gave the company a “neutral” rating in a research note on Friday, October 20th. Finally, Citigroup increased their price objective on shares of WABCO from $165.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, October 20th.
WABCO (NYSE WBC) traded up $0.06 during mid-day trading on Tuesday, hitting $146.17. 344,131 shares of the stock traded hands, compared to its average volume of 303,577. The company has a market capitalization of $7,720.00, a P/E ratio of 26.43, a P/E/G ratio of 1.33 and a beta of 1.76. WABCO has a 12-month low of $110.52 and a 12-month high of $162.20. The company has a debt-to-equity ratio of 0.99, a current ratio of 3.00 and a quick ratio of 2.60.
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WABCO Company Profile
WABCO Holdings Inc is a supplier of electronic, mechanical, electro-mechanical and aerodynamic products for various manufacturers of commercial trucks, buses and trailers, as well as passenger cars. The Company engineers, develops, manufactures and sells braking, stability, suspension and transmission automation and air management systems primarily for commercial vehicles.
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