Cowen & Co. analyst Matt Elkott maintained a Buy rating on Wabtec Corporation (WAB) on June 14 and set a price target of $92. The company’s shares closed yesterday at $69.85, close to its 52-week low of $61.95.
According to TipRanks.com, Elkott is ranked #1653 out of 5201 analysts.
Wabtec Corporation has an analyst consensus of Strong Buy, with a price target consensus of $94.33.
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The company has a one-year high of $115.40 and a one-year low of $61.95. Currently, Wabtec Corporation has an average volume of 2.13M.
Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WAB in relation to earlier this year.
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Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit.
