WABCO (NYSE:WBC) received a $162.00 price objective from research analysts at Stifel Nicolaus in a report released on Friday. The firm presently has a “buy” rating on the auto parts company’s stock. Stifel Nicolaus’ price target would indicate a potential upside of 17.17% from the stock’s current price.
Several other brokerages have also recently weighed in on WBC. Zacks Investment Research cut WABCO from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. BMO Capital Markets upped their target price on WABCO from $147.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, October 20th. Bank of America upped their target price on WABCO from $160.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Buckingham Research upped their target price on WABCO from $148.00 to $154.00 and gave the company a “neutral” rating in a research report on Friday, October 20th. Finally, Citigroup increased their price target on WABCO from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, October 20th. Five analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $160.67.
Shares of WABCO (NYSE WBC) traded down $1.74 on Friday, reaching $138.26. The company’s stock had a trading volume of 192,432 shares, compared to its average volume of 299,963. WABCO has a fifty-two week low of $110.52 and a fifty-two week high of $162.20. The company has a current ratio of 3.00, a quick ratio of 2.60 and a debt-to-equity ratio of 0.99. The firm has a market cap of $7,719.97, a PE ratio of 24.88, a PEG ratio of 1.26 and a beta of 1.77.
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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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