Wacker Neuson (ETR:WAC) has been given a €38.00 ($46.91) price target by analysts at Hauck & Aufhaeuser in a research note issued to investors on Monday. The firm currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective would suggest a potential upside of 34.18% from the company’s previous close.
Several other analysts also recently weighed in on the company. Berenberg Bank set a €31.00 ($38.27) price target on Wacker Neuson and gave the stock a “neutral” rating in a research note on Tuesday, January 9th. equinet set a €27.20 ($33.58) price target on Wacker Neuson and gave the stock a “neutral” rating in a research note on Monday, November 27th. Kepler Capital Markets set a €25.00 ($30.86) price target on Wacker Neuson and gave the stock a “sell” rating in a research note on Thursday, January 18th. Finally, Warburg Research set a €28.00 ($34.57) price target on Wacker Neuson and gave the stock a “neutral” rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Wacker Neuson currently has an average rating of “Hold” and a consensus price target of €29.28 ($36.15).
Wacker Neuson (ETR:WAC) traded up €0.42 ($0.52) during trading on Monday, hitting €28.32 ($34.96). The company had a trading volume of 46,647 shares, compared to its average volume of 50,506. The stock has a market cap of $1,960.00 and a P/E ratio of 24.21. Wacker Neuson has a 52 week low of €17.68 ($21.83) and a 52 week high of €33.86 ($41.80).
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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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