RBC Capital Keeps Their Buy Rating on WABCO Holdings

By Carrie Williams

RBC Capital analyst Seth Weber reiterated a Buy rating on WABCO Holdings (NYSE: WBC) yesterday and set a price target of $127. The company’s shares closed yesterday at $125, close to its 52-week high of $125.59.

According to TipRanks.com, Weber is a 5-star analyst with an average return of 14.3% and a 71.6% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Mueller Water Products, and Illinois Tool Works.

WABCO Holdings has an analyst consensus of Strong Buy, with a price target consensus of $126.75.

The company has a one year high of $125.59 and a one year low of $84.48. Currently, WABCO Holdings has an average volume of 368.2K.

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WABCO Holdings, Inc. engages in the provision of electronic, mechanical, electro-mechanical and aerodynamic products for the manufacturers of commercial trucks, buses, trailers and passenger cars. Its products include pneumatic anti-lock braking systems, electronic braking systems, electronic stability control, brake controls, automated manual transmission systems, air disc brakes and a variety of conventional mechanical products such as actuators, air compressors and air control valves. The company was founded by George Westinghouse in 1869 and is headquartered in Rochester Hills, MI.