BMO Capital Keeps Their Hold Rating on Wabash National Corp

By Carrie Williams

In a report issued on July 18, Joel Tiss from BMO Capital reiterated a Hold rating on Wabash National Corp (NYSE: WNC), with a price target of $25. The company’s shares closed yesterday at $20.21.

According to TipRanks.com, Tiss is a 4-star analyst with an average return of 9.9% and a 59.2% success rate. Tiss covers the Industrial Goods sector, focusing on stocks such as John Bean Technologies, Illinois Tool Works, and The Middleby Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wabash National Corp with a $26.67 average price target.

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Wabash National Corp’s market cap is currently $1.15B and has a P/E ratio of 11.17. The company has a Price to Book ratio of 2.29.

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Wabash National Corp. engages in the design, manufacture, and market of semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. The company operates through the following business segments: Commercial Trailer Products, Diversified Products, and Final Mile Products.