Westinghouse Air Brake Technolo – Consensus Says Potential 7.2% Rise

Westinghouse Technolo air brakes found using ticker (WAB) now have 9 total analysts covering the stock. The consensus rating is “Buy”. The target price is between 110 and 84 with an average TP of 95. Now, with the previous closing price of 88.6, that would imply a potential rise of 7.2%. The 50 day moving average is now at 88.48 and the 200 day MA is at 83.26. The company’s market capitalization is $ 16,820 million. Visit the company’s website at: http://www.wabteccorp.com

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems and services to the freight rail and passenger vehicle industries around the world. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; built new suburban locomotives; rebuilds freight locomotives; provides railway electronics, positive train control equipment, signal design and engineering services; and provides related heat exchange and cooling systems. It serves the railways listed on the stock exchange; leasing companies; original equipment manufacturers, including locomotives and freight cars; and utilities. The Transit segment manufactures and services components for new and existing passenger transport vehicles, such as regional trains, high speed trains, metro cars, light rail vehicles and buses; renovates metro cars; and provides heating, ventilation and air conditioning equipment, as well as doors for buses and subways. It serves public transit companies and municipalities, leasing companies, and manufacturers of metro and bus cars. The company also provides electronically controlled air brake products; railway electronics; freight car trucks; traction 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 associated components; friction products; new commuter and commuter locomotives; overhaul of locomotives and public transport wagons; and freight locomotive overhaul and overhaul services. In addition, the company provides doors for buses and metro cars; landing doors; pantographs; window assemblies; couplers; lifts and accessibility ramps for buses and metro cars; and traction motors. Westinghouse Air Brake Technologies Corporation was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

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