Raymond James Keeps Their Buy Rating on Wabash National (WNC)

In a report released today, Felix Boeschen from Raymond James maintained a Buy rating on Wabash National (WNCResearch Report), with a price target of $23.00. The company’s shares closed yesterday at $18.85.

According to TipRanks, Boeschen is a 4-star analyst with an average return of 5.1% and a 54.93% success rate. Boeschen covers the Industrial Goods sector, focusing on stocks such as Federal Signal, Wabash National, and CSX.

Wabash National has an analyst consensus of Moderate Buy, with a price target consensus of $21.00.

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WNC market cap is currently $915.2M and has a P/E ratio of 20.50.

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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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