Zacks Rating on Westinghouse Air Brake Technologies Corporation (WAB)

Westinghouse Air Brake Technologies Corporation (WAB) has an average broker rating of 1.57, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Westinghouse Air Brake Technologies Corporation (WAB) : The highest level Westinghouse Air Brake Technologies Corporation (WAB) is projected to reach is $100 for the short term and the lowest estimate is at $72. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $88.75 and the possibility the share price can swing is $13.

Westinghouse

Shares of Westinghouse Air Brake Technologies Corporation rose by 4.49% in the last five trading days and 14.65% for the last 4 weeks. Westinghouse Air Brake Technologies Corporation has dropped 2.42% during the last 3-month period . Year-to-Date the stock performance stands at 7.05%. Westinghouse Air Brake Technologies Corporation (NYSE:WAB): stock turned positive on Tuesday. Though the stock opened at $75.51, the bulls momentum made the stock top out at $76.3599 level for the day. The stock recorded a low of $75.311 and closed the trading day at $75.85, in the green by 0.92%. The total traded volume for the day was 1,370,030. The stock had closed at $75.16 in the previous days trading.

Westinghouse Air Brake Technologies Corporation (Wabtec) is a provider of technology-based products and services to freight rail and passenger transit industries. The Companys products are used in locomotives, freight cars subway cars and buses, and other vehicles in United States and other countries across the world. The Company operates through two business segments: the Freight Segment and the Transit Segment. The Freight Segment manufactures and services components for new and existing locomotive and freight cars, supplies railway electronics, positive train control equipment, signal design and engineering services, builds switcher locomotives, rebuilds freight locomotives and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit Segment manufactures and services components for new and existing passenger transit vehicles, such as subway cars and buses, builds new commuter locomotives and refurbishes subway cars.

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