Short Term Rating on Wabco Holdings (WBC)

Wabco Holdings (WBC) : 5 brokerage houses believe that Wabco Holdings (WBC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Wabco Holdings (WBC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.08.

Wabco Holdings (WBC) : The most positive equity analysts on Wabco Holdings (WBC) expects the shares to touch $135, whereas, the least positive believes that the stock will trade at $92 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $114.2 with an expected fluctuation of $15.01 from the mean.

For the current week, the company shares have a recommendation consensus of Buy.


Wabco Holdings (NYSE:WBC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $92.65 and $92.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $95.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $95.07, notching a gain of 3.83% for the day. The total traded volume was 1,056,094 . The stock had closed at $91.56 on the previous day.

WABCO Holdings Inc. is a global supplier of electronic, mechanical and mechatronic products. The Company develops, manufactures and sells control systems, including advanced braking, stability, suspension, transmission automation, air compression and processing. Its product groups include actuator, air compressor and air processing/air management system, foundation brake, anti-lock braking system (ABS), conventional braking system, electronic braking system (EBS), electronic and conventional air suspension systems, transmission automation, vehicle electronic architecture, vehicle electronic stability control and roll stability support. Its solutions include TX-TRAILERGUARD fleet management solution, mBSP modular braking system platform, OptiPace, OptiFlow Tail solution, OnGuardPLUS AEBS and OnGuardPLUS, among others. It sells its products to truck and bus original equipment manufacturers (OEMs), trailer OEMs, commercial vehicle aftermarket distributors and car manufacturers.

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