Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.56 by 9 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.
Westinghouse Air Brake Technologies Corporation (NYSE:WAB): 6 analysts have set the short term price target of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) at $96.17. The standard deviation of short term price target has been estimated at $10.83, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 115 and $86 respectively.
Westinghouse Air Brake Technologies Corporation (NYSE:WAB) witnessed a decline in the market cap on Tuesday as its shares dropped 0.79% or 0.58 points. After the session commenced at $73.29, the stock reached the higher end at $73.38 while it hit a low of $72.35. With the volume soaring to 1,059,691 shares, the last trade was called at $72.85. The company has a 52-week high of $103.07. The company has a market cap of $6,564 million and there are 90,105,530 shares in outstanding. The 52-week low of the share price is $60.28.
Westinghouse Air Brake Technologies Corporation has lost 1.7% in the last five trading days and dropped 5.5% in the last 4 weeks. Westinghouse Air Brake Technologies Corporation has dropped 7.33% during the last 3-month period . Year-to-Date the stock performance stands at 2.67%.
Westinghouse Air Brake Technologies Corporation (Wabtec) is a provider of technology-based products and services to freight rail and passenger transit industries. The Companys products are used in locomotives, freight cars subway cars and buses, and other vehicles in United States and other countries across the world. The Company operates through two business segments: the Freight Segment and the Transit Segment. The Freight Segment manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment manufactures and services components for new and existing passenger transit vehicles, such as subway cars and buses, builds new commuter locomotives and refurbishes subway cars.