KeyBanc analyst Steve Barger maintained a Buy rating on Westinghouse Air Brake Technologies (NYSE:WAB) Corporation on Thursday, setting a price target of $90, which is approximately 8.83% above the present share price of $82.7.
Barger expects Westinghouse Air Brake Technologies Corporation to post earnings per share (EPS) of $0.67 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Westinghouse Air Brake Technologies, with an average price target of $92.
The analysts price targets range from a high of $97 to a low of $86.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.87 billion and a net profit of $206.7 million. The company's market cap is $15.74 billion.
According to TipRanks.com, KeyBanc analyst Steve Barger is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.4% and a 70.25% success rate.
Westinghouse Air Brake Technologies Corp. engages in the provision of equipment, systems, and value-added services for the rail industry. It operates through the following segments: Freight and Transit. The Freight segment involves in the manufacture and offers services components for new and existing locomotives and freight cars; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; overhauls locomotives; and provides heat exchangers and cooling systems for rail and other industrial markets. The Transit segments includes the manufacture and providing services components for new and existing passenger transit vehicles, including regional trains, high speed trains, subway cars, light-rail vehicles, and buses; supplies rail control and infrastructure products such as electronics, positive train control equipment, and signal design and engineering services; builds new commuter locomotives; and renovate passenger transit vehicles. The company was founded in 1869 and is headquartered in Pittsburgh, PA.