Westinghouse Air Brake Technolo with ticker code (WAB) now have 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 110 and 86 calculating the average target price we see 98.9. Given that the stocks previous close was at 87.31 this would indicate that there is a potential upside of 13.3%. The 50 day MA is 91.71 and the 200 moving average now moves to 87.27. The market capitalisation for the company is $16,418m. You can visit the company’s website by visiting: https://www.wabteccorp.com
The potential market cap would be $18,597m based on the market concensus.
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems. It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways. It serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses. The company also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products. In addition, it offers railway braking equipment and related components; friction products; new commuter and switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul and refurbishment services. Further, the company provides doors for buses and subway cars; platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.
