Westinghouse Air Brake Technologies Corporation (WAB) Stock Price Increases Today

February 20, 2018 - By Linda Rogers

Investors sentiment decreased to 0.82 in Q3 2017. Its down 0.39, from 1.21 in 2017Q2. It dived, as 48 investors sold Westinghouse Air Brake Technologies Corporation shares while 133 reduced holdings. 35 funds opened positions while 113 raised stakes. 101.47 million shares or 2.77% more from 98.74 million shares in 2017Q2 were reported.
Tudor Invest Et Al holds 0.01% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB) for 3,713 shares. Barbara Oil accumulated 8,600 shares. Canada Pension Plan Invest Board holds 0% or 12 shares in its portfolio. Trellus Management Limited Liability Com, New York-based fund reported 10,000 shares. American International Group Inc stated it has 174,763 shares. Employees Retirement Systems Of Texas accumulated 64,000 shares or 0.06% of the stock. The Tennessee-based First Mercantile Tru has invested 0.02% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Rmb Capital Mngmt Limited Company accumulated 36,260 shares. Employees Retirement Association Of Colorado has invested 0.13% of its portfolio in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Patten & Patten Inc Tn, Tennessee-based fund reported 3,070 shares. Covington Inv Advisors Inc, Pennsylvania-based fund reported 12,635 shares. Quantbot Technologies L P reported 3,643 shares or 0.03% of all its holdings. Profund Advsrs Ltd Liability Corp, Maryland-based fund reported 9,792 shares. Ubs Asset Mgmt Americas Inc reported 0.14% in Westinghouse Air Brake Technologies Corporation (NYSE:WAB). Eagle Boston Investment Management holds 0.8% or 102,140 shares in its portfolio.

Since October 30, 2017, it had 0 buys, and 1 sale for $145,884 activity.

The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is a huge mover today! The stock increased 3.51% or $2.715 during the last trading session, reaching $79.985. About 991,800 shares traded or 34.84% up from the average. Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has risen 7.39% since February 20, 2017 and is uptrending. It has underperformed by 9.31% the S&P500.
The move comes after 9 months positive chart setup for the $7.68 billion company. It was reported on Feb, 20 by Barchart.com. We have $83.18 PT which if reached, will make NYSE:WAB worth $307.12 million more.

Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Ratings Coverage

Among 15 analysts covering Wabtec (NYSE:WAB), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. Wabtec has $10400 highest and $68.0 lowest target. $88.42’s average target is 10.55% above currents $79.985 stock price. Wabtec had 30 analyst reports since December 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, September 7 by Deutsche Bank. The stock of Westinghouse Air Brake Technologies Corporation (NYSE:WAB) has “Overweight” rating given on Wednesday, April 26 by KeyCorp. The stock has “Mkt Perform” rating by FBR Capital on Wednesday, July 26. The rating was maintained by Stifel Nicolaus on Monday, September 11 with “Hold”. Wolfe Research maintained the shares of WAB in report on Wednesday, October 26 with “Outperform” rating. The rating was initiated by Berenberg on Thursday, September 7 with “Hold”. The rating was downgraded by Edward Jones to “Hold” on Wednesday, July 26. The rating was downgraded by Goldman Sachs to “Neutral” on Thursday, February 4. Deutsche Bank maintained Westinghouse Air Brake Technologies Corporation (NYSE:WAB) on Monday, August 14 with “Hold” rating. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, October 25.

More notable recent Westinghouse Air Brake Technologies Corporation (NYSE:WAB) news were published by: Fool.com which released: “Westinghouse Air Brake Technologies Corp Rides Its Latest Acquisition to …” on July 25, 2017, also Nasdaq.com with their article: “Westinghouse Air Brake Technologies Corporation (WAB) Ex-Dividend Date …” published on February 07, 2018, Gurufocus.com published: “Speece Thorson Capital Group Inc Buys Hormel Foods Corp, Westinghouse Air …” on February 08, 2018. More interesting news about Westinghouse Air Brake Technologies Corporation (NYSE:WAB) were released by: Seekingalpha.com and their article: “Westinghouse Air Brake Is Too Expensive” published on February 02, 2018 as well as Fool.com‘s news article titled: “Acquisitions and Taxes Impact Westinghouse Air Brake Technologies Corp’s …” with publication date: February 20, 2018.

Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology equipment and services for the freight rail and passenger transit vehicle industries worldwide. The company has market cap of $7.68 billion. It operates in two divisions, Freight and Transit. It has a 30.18 P/E ratio. The Freight segment makes and services components for new and existing locomotive and freight cars; supplies railway electronics and positive train control equipment; offers signal design and engineering services; manufactures switcher locomotives; rebuilds freight locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets.

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