WABCO Holdings (WBC) is Initiated by Susquehanna to Neutral according to the research report released to the investors. The brokerage firm has raised the Price Target to $70 from a previous price target of $68 . The shares recommendation by the Brokerage Firm was released on Dec-22-2015.
Shares of Wabco Holdings Inc. (NYSE:WBC) ended Thursday session in red amid volatile trading. The shares closed down 0.91 points or 0.92% at $97.59 with 438,284 shares getting traded. Post opening the session at $98.13, the shares hit an intraday low of $97.18 and an intraday high of $98.71 and the price vacillated in this range throughout the day. The company has a market cap of $5,597 million and the number of outstanding shares has been calculated to be 57,350,688 shares. The 52-week high of Wabco Holdings Inc. (NYSE:WBC) is $133.31 and the 52-week low is $92.86.
During the last several months other analysts have commented on the company rating. Stifel Nicolaus upgrades its rating on Wabco Holdings Inc. (NYSE:WBC). Analysts at the Stifel Nicolaus have a current rating of Buy on the shares. The shares were previously rated Hold. The rating by the firm was issued on December 8, 2015.
Wabco Holdings Inc. (NYSE:WBC) has received a short term rating of hold from research analysts at Zacks with a rank of 3. The company has been rated an average of 1.9 by 10 Wall Street Analysts. 5 analysts have added the shares in their list of strong buys. 1 stock experts have also rated a buy. 4 broker firms have advised hold.
Wabco Holdings Inc. (NYSE:WBC) stock has received a short term price target of $ 125.11 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $12.81. The higher estimate of target price is $153 , while the lower price target estimate is $107
WABCO Holdings Inc. has lost 3.39% in the last five trading days and dropped 5.94% in the last 4 weeks. WABCO Holdings Inc. has dropped 12.58% during the last 3-month period . Year-to-Date the stock performance stands at -6.86%.
WABCO Holdings Inc. (WABCO) is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. The Company manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems. Its products are included in approximately two out of three commercial vehicles with advanced vehicle control systems and offered in niche applications in cars and sport utility vehicles (SUVs). WABCO develops, manufactures and sells advanced braking, stability, suspension and transmission control systems primarily for commercial vehicles. In September 2012, it acquired Ephicas. In June 2014, the Company acquired the remaining 3.16% interest and concludes 100% in Transics International.