A report released today by Zacks Investment Research about Wabash National Corporation (NYSE:WNC) ups the target price to $16.00
- Updated: September 28, 2016
In a report released on 9/28/2016 Zacks Investment Research increased the stock price target of Wabash National Corporation (NYSE:WNC) to $16.00 reporting a possible upside of 0.11%.
Previously on 3/16/2016, BMO Capital Markets released a statement about Wabash National Corporation (NYSE:WNC) increased the target price from $0.00 to $12.00. At the time, this indicated a possible downside of -0.06%.
Just yesterday Wabash National Corporation (NYSE:WNC) traded 1.40% higher at $14.47. Wabash National Corporation’s 50-day moving average is $13.75 and its 200-day moving average is $13.48. The last stock price is up 7.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 785,945 shares of WNC traded hands, down from an average trading volume of 1,155,160
Recent Performance Chart
Wabash National Corporation has 52 week low of $9.68 and a 52 week high of $14.97 with a PE ratio of 7.57 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 9 brokerages have issued a research note on the company. The average stock price target is $13.20 with 3 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 6 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Wabash National Corporation (NYSE:WNC)
Wabash National Corporation is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers, intermodal equipment and transportation related products. The Company's segments include Commercial Trailer Products, Diversified Products, Retail, and Corporate and Eliminations. The Commercial Trailer Products segment manufactures standard and customized van and platform trailers. The Commercial Trailer Products segment produces and sells new trailers to the Retail segment and to customers who purchase trailers directly from the Company or through independent dealers. The Diversified Products segment focuses to expand its customer base, and diversify its product offerings and revenues. The Retail segment includes the sale of new and used trailers, as well as the sale of after-market parts and service, through its retail branch network. It offers products under the brand names, including Walker Transport, Brenner Tank, DuraPlate and Beall Trailers.
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