In a report released yesterday, John Joyner from BMO Capital maintained a Hold rating on Wabash National (WNC – Research Report), with a price target of $27.50. The company’s shares closed yesterday at $24.14.
According to TipRanks, Joyner is ranked #4995 out of 8311 analysts.
Currently, the analyst consensus on Wabash National is a Moderate Buy with an average price target of $27.50.
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The company has a one-year high of $29.99 and a one-year low of $12.59. Currently, Wabash National has an average volume of 601.4K.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WNC in relation to earlier this year.
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Wabash National Corp. engages in the design, manufacture and market of semi-trailers, truck bodies, specialized commercial vehicles and liquid transportation systems. It operates through the following segments: Commercial Trailer Products, Diversified Products and Final Mile Products. The Commercial Trailer Products segment manufactures van and platform trailers and other transportation related equipment to customers who purchase directly from the Company or through independent dealers. The Diversified Products segment comprises of four strategic business units including, Tank Trailer, Aviation & Truck Equipment, Process Systems and Composites. The Final Mile Products segment focuses on the supreme operations and certain other truck body operations. The firm was founded by Donald Jerry Ehrlich in 1985 and is headquartered in Lafayette, IN.
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