Wacker Neuson (WAC) Given a €40.00 Price Target at Hauck & Aufhaeuser
A number of other brokerages also recently commented on WAC. Kepler Capital Markets set a €26.00 ($30.23) price target on shares of Wacker Neuson and gave the stock a neutral rating in a report on Thursday, June 21st. Berenberg Bank set a €31.00 ($36.05) price target on shares of Wacker Neuson and gave the stock a buy rating in a report on Wednesday, August 8th. Finally, Warburg Research set a €29.00 ($33.72) target price on shares of Wacker Neuson and gave the company a neutral rating in a report on Tuesday, June 26th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Wacker Neuson has an average rating of Hold and a consensus target price of €30.06 ($34.95).
Shares of ETR WAC opened at €22.46 ($26.12) on Thursday. Wacker Neuson has a 12 month low of €18.09 ($21.03) and a 12 month high of €33.86 ($39.37).
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; rebar tier; frequency converters; rammers, vibratory plates, and rollers for soil compaction; air dehumidifiers; demolition products, such as breakers and saws; light towers and generators; pumps; and heaters.
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