BMO Capital Reaffirms Their Hold Rating on WABCO Holdings

By Ryan Adsit

BMO Capital analyst Joel Tiss reiterated a Hold rating on WABCO Holdings (NYSE: WBC) on July 18 and set a price target of $135. The company’s shares closed yesterday at $119.73, close to its 52-week low of $113.

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, Wabash National Corp, and Illinois Tool Works.

Currently, the analyst consensus on WABCO Holdings is a Hold with an average price target of $135.

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WABCO Holdings’ market cap is currently $6.47B and has a P/E ratio of 15.16. The company has a Price to Book ratio of 5.27.

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WABCO Holdings, Inc. engages in the provision of electronic, mechanical, electro-mechanical, and aerodynamic products for 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.