Wacker Neuson (ETR:WAC) Trading 2% Higher

Wacker Neuson SE (ETR:WACGet Rating) shot up 2% during trading on Tuesday . The stock traded as high as €18.43 ($20.03) and last traded at €18.39 ($19.99). 19,443 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 53,813 shares. The stock had previously closed at €18.03 ($19.60).

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Jefferies Financial Group set a €26.00 ($28.26) target price on shares of Wacker Neuson in a research report on Thursday, November 10th. Warburg Research set a €25.00 ($27.17) price target on shares of Wacker Neuson in a research report on Tuesday, December 13th. Berenberg Bank set a €22.00 ($23.91) price target on shares of Wacker Neuson in a research report on Friday, November 25th. Finally, Hauck Aufhäuser Investment Banking set a €30.00 ($32.61) price target on shares of Wacker Neuson in a research report on Friday, November 11th.

Wacker Neuson Stock Performance

The firm’s 50 day moving average price is €17.13 and its two-hundred day moving average price is €16.54. The company has a debt-to-equity ratio of 26.14, a quick ratio of 0.80 and a current ratio of 2.42. The firm has a market cap of $1.29 billion and a PE ratio of 8.97.

About Wacker Neuson

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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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