Berenberg Bank Reiterates €31.00 Price Target for Wacker Neuson (WAC)

Berenberg Bank set a €31.00 ($38.27) target price on Wacker Neuson (ETR:WAC) in a research report released on Friday. The brokerage currently has a neutral rating on the stock.

A number of other research analysts have also weighed in on the company. Hauck & Aufhaeuser set a €40.00 ($49.38) price objective on Wacker Neuson and gave the stock a buy rating in a report on Thursday, March 22nd. Kepler Capital Markets set a €27.00 ($33.33) price objective on Wacker Neuson and gave the stock a neutral rating in a report on Wednesday, March 21st. Warburg Research set a €28.00 ($34.57) target price on Wacker Neuson and gave the company a neutral rating in a report on Friday, March 9th. Finally, equinet set a €27.20 ($33.58) target price on Wacker Neuson and gave the company a neutral rating in a report on Monday, November 27th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Wacker Neuson presently has a consensus rating of Hold and an average target price of €29.95 ($36.98).

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Wacker Neuson (WAC) opened at €27.68 ($34.17) on Friday. Wacker Neuson has a twelve month low of €18.09 ($22.33) and a twelve month high of €33.86 ($41.80). The firm has a market capitalization of $1,970.00 and a price-to-earnings ratio of 23.66.

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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; 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.

Analyst Recommendations for Wacker Neuson (ETR:WAC)

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