It’s been a crucial week for WABCO Holdings Inc. (NYSE:WBC); here’s what analysts have to say.

March 19, 2018 - By Marie Mckinney

 It's been a crucial week for WABCO Holdings Inc. (NYSE:WBC); here's what analysts have to say.
Investors sentiment increased to 1.5 in Q3 2017. Its up 0.45, from 1.05 in 2017Q2. It increased, as 23 investors sold WABCO Holdings Inc. shares while 88 reduced holdings. 53 funds opened positions while 113 raised stakes. 51.96 million shares or 0.65% more from 51.63 million shares in 2017Q2 were reported.
Stanley Management Ltd Liability Corporation accumulated 32,452 shares or 2.68% of the stock. Daiwa Securities accumulated 1,570 shares. Scopus Asset L P owns 224,400 shares. Moreover, First Manhattan has 0.46% invested in WABCO Holdings Inc. (NYSE:WBC). Perigon Wealth Mngmt Ltd Co accumulated 0.16% or 3,228 shares. Franklin owns 282,680 shares for 0.02% of their portfolio. Lord Abbett & Com Limited Liability owns 360,536 shares. Eventide Asset Mgmt Ltd Co invested 2.14% in WABCO Holdings Inc. (NYSE:WBC). Oppenheimer Asset Incorporated, a New York-based fund reported 14,937 shares. 281,398 are owned by Tiaa Cref Management Limited Liability Company. Great West Life Assurance Company Can stated it has 0.01% in WABCO Holdings Inc. (NYSE:WBC). Etrade Mngmt Ltd Llc owns 0.03% invested in WABCO Holdings Inc. (NYSE:WBC) for 4,779 shares. Korea Invest holds 0.03% or 48,700 shares. Brown Advisory reported 1,364 shares. Us Natl Bank De owns 23,175 shares or 0.01% of their US portfolio.

Since October 23, 2017, it had 0 insider purchases, and 3 selling transactions for $26.33 million activity. Another trade for 172,394 shares valued at $26.07 million was made by ESCULIER JACQUES on Monday, October 23. Shares for $114,158 were sold by Bardot Nicolas.

WABCO Holdings Inc. (NYSE:WBC) Ratings Coverage

Among 20 analysts covering WABCO Holdings (NYSE:WBC), 13 have Buy rating, 1 Sell and 6 Hold. Therefore 65% are positive. WABCO Holdings has $182 highest and $96 lowest target. $150.59’s average target is 8.37% above currents $138.96 stock price. WABCO Holdings had 66 analyst reports since September 1, 2015 according to SRatingsIntel. On Wednesday, September 7 the stock rating was initiated by Deutsche Bank with “Hold”. The firm earned “Neutral” rating on Friday, October 20 by Buckingham Research. The firm has “Hold” rating by Deutsche Bank given on Friday, July 21. The rating was upgraded by Bank of America to “Buy” on Thursday, February 2. The firm earned “Buy” rating on Wednesday, August 23 by Robert W. Baird. JP Morgan maintained WABCO Holdings Inc. (NYSE:WBC) rating on Monday, August 15. JP Morgan has “Neutral” rating and $100 target. Goldman Sachs downgraded WABCO Holdings Inc. (NYSE:WBC) on Tuesday, June 28 to “Neutral” rating. The stock of WABCO Holdings Inc. (NYSE:WBC) has “Equal-Weight” rating given on Friday, September 25 by Barclays Capital. As per Tuesday, October 3, the company rating was maintained by Piper Jaffray. The rating was maintained by BMO Capital Markets on Thursday, July 6 with “Hold”. Below is a list of WABCO Holdings Inc. (NYSE:WBC) latest ratings and price target changes.

02/03/2018 Broker: Morgan Stanley Rating: Overweight New Target: $159 Initiates Coverage On
23/02/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Market Perform Old Target: $160 New Target: $150 Maintain
20/02/2018 Broker: Buckingham Research Old Rating: Neutral New Rating: Neutral Old Target: $156 New Target: $152 Maintain
20/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $160.0 Maintain
05/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $171.0 Maintain
11/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $178.0 Maintain
04/01/2018 Broker: Stifel Nicolaus Rating: Buy Maintain
23/10/2017 Broker: Vertical Research Rating: Hold Downgrade
19/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $167.0 Maintain
20/10/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $170 New Target: $182 Maintain

The stock decreased 1.66% or $2.34 during the last trading session, reaching $138.96. About 170,044 shares traded. WABCO Holdings Inc. (NYSE:WBC) has risen 17.28% since March 19, 2017 and is uptrending. It has outperformed by 0.58% the S&P500.

WABCO Holdings Inc., together with its subsidiaries, provides electronic, mechanical, electro-mechanical, and aerodynamic products for commercial truck, bus, trailer, and passenger car manufacturers worldwide. The company has market cap of $7.47 billion. It engineers, develops, makes, and sells control systems, including braking, stability, suspension, transmission automation, and air management systems primarily for commercial vehicles. It has a 18.53 P/E ratio. The firm offers pneumatic anti-lock braking systems, electronic braking systems, electronic stability control systems, brake controls, automated manual transmission systems, and air disc brakes; and various conventional mechanical products, such as actuators, air compressors, conventional braking systems, and air control valves for medium and heavy-duty trucks, buses, and trailers, as well as foundation brakes, vehicle electronic stability control and roll stability support systems, and advanced driver assistance systems.

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