FBR Capital Markets reiterated their marketperform rating on shares of Wabash National Corp. (NYSE:WNC) in a research note released on Wednesday morning, AnalystRatingsNetwork reports. They currently have a $15.00 target price on the stock, up from their previous target price of $10.00.
A number of other firms have also recently commented on WNC. Analysts at FBR & Co. downgraded shares of Wabash National Corp. from an outperform rating to a market perform rating in a research note to investors on Wednesday. Separately, analysts at Buckingham Research initiated coverage on shares of Wabash National Corp. in a research note to investors on Friday, July 12th. They set a buy rating on the stock. Finally, analysts at Global Hunter Securities initiated coverage on shares of Wabash National Corp. in a research note to investors on Wednesday, April 24th. They set an accumulate rating on the stock.
One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $12.23.
Wabash National Corp. (NYSE: WNC) traded up 0.39% during mid-day trading on Wednesday, hitting $10.42. Wabash National Corp. has a 52-week low of $5.74 and a 52-week high of $11.47. The stock’s 50-day moving average is currently $10.10. The company has a market cap of $713.5 million and a price-to-earnings ratio of 6.74.
Wabash National Corporation (NYSE: WNC) is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers and related transportation equipment.