Wacker Neuson (ETR:WAC) received a €40.00 ($46.51) price target from Hauck & Aufhaeuser in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price target would indicate a potential upside of 117.98% from the company’s current price.
Several other research firms have also recently issued reports on WAC. Berenberg Bank set a €31.00 ($36.05) price target on Wacker Neuson and gave the company 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 company a “neutral” rating in a report on Tuesday, September 11th. Warburg Research set a €26.10 ($30.35) price target on Wacker Neuson and gave the company a “neutral” rating in a report on Thursday, September 13th. Finally, equinet set a €24.10 ($28.02) price target on Wacker Neuson and gave the company a “neutral” rating in a report on Thursday, September 27th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Wacker Neuson has an average rating of “Hold” and an average price target of €28.84 ($33.53).
Wacker Neuson stock opened at €18.35 ($21.34) 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.
Read More: Discount Rate
Receive News & Ratings for Wacker Neuson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wacker Neuson and related companies with MarketBeat.com's FREE daily email newsletter.