Wacker Neuson (ETR:WAC) received a €24.10 ($28.02) target price from equinet in a report released on Thursday. The brokerage currently has a “neutral” rating on the stock. equinet’s target price points to a potential upside of 8.56% from the company’s current price.
A number of other brokerages also recently issued reports on WAC. Hauck & Aufhaeuser set a €40.00 ($46.51) price target on Wacker Neuson and gave the stock a “buy” rating in a report on Wednesday, August 8th. Berenberg Bank set a €31.00 ($36.05) price target on Wacker Neuson and gave the stock a “buy” rating in a report on Wednesday, August 8th. Kepler Capital Markets set a €26.00 ($30.23) price target on Wacker Neuson and gave the stock a “neutral” rating in a report on Thursday, June 21st. Finally, Warburg Research set a €26.10 ($30.35) price target on Wacker Neuson and gave the stock a “neutral” rating in a report on Thursday, September 13th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of €29.44 ($34.23).
ETR WAC traded down €0.70 ($0.81) during trading on Thursday, reaching €22.20 ($25.81). 29,102 shares of the company’s stock were exchanged, compared to its average volume of 53,813. Wacker Neuson has a 1 year low of €18.09 ($21.03) and a 1 year high of €33.86 ($39.37).
About Wacker Neuson
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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