Wacker Neuson (ETR:WAC) PT Set at €31.00 by Jefferies Financial Group

Wacker Neuson (ETR:WACGet Rating) has been given a €31.00 ($32.63) target price by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. Jefferies Financial Group’s price objective would indicate a potential upside of 58.97% from the stock’s previous close.

WAC has been the subject of a number of other reports. Berenberg Bank set a €29.00 ($30.53) price target on shares of Wacker Neuson in a research report on Thursday, April 7th. Warburg Research set a €31.00 ($32.63) price objective on Wacker Neuson in a research report on Thursday, March 31st. Finally, Hauck and Aufhaeuser set a €33.00 ($34.74) price objective on Wacker Neuson in a research report on Wednesday, March 30th.

WAC traded down €0.39 ($0.41) during trading on Tuesday, reaching €19.50 ($20.53). The company’s stock had a trading volume of 59,132 shares, compared to its average volume of 53,813. The company’s fifty day moving average price is €20.34 and its 200-day moving average price is €23.61. Wacker Neuson has a 52-week low of €17.74 ($18.67) and a 52-week high of €30.90 ($32.53). The company has a debt-to-equity ratio of 41.69, a quick ratio of 1.22 and a current ratio of 2.52. The company has a market capitalization of $1.37 billion and a price-to-earnings ratio of 9.80.

About Wacker Neuson (Get Rating)

Wacker Neuson SE manufactures and distributes light and compact equipment under the Wacker Neuson, Kramer, and Weidemann brand names in Europe, the Americas, and the Asia-Pacific. It operates through three segments: Light Equipment, Compact Equipment, and Services. 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.

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