▲ +15.96% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for WashTec in the last 3 months. The average price target is €57.75, with a high forecast of €62.50 and a low forecast of €53.00. The average price target represents a 15.96% upside from the last price of €49.80.
The current consensus among 2 polled investment analysts is to buy stock in WashTec. This Buy consensus rating has held steady for over two years.
WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific. The company offers various roll-over, self-service, and commercial vehicle wash equipment, as well as associated peripheral devices. It also provides wash tunnel systems; water reclaim systems; equipment maintenance; service projects and upgrades; spare parts; and digital solutions, as well as car wash chemicals under the Auwa brand. In addition, the company offers car wash management services; and financial services, such as financing and leasing solutions. It serves petroleum companies, convenience stores, individual filling stations, and filling station operator chains; and car wash operators, automobile repair shops, supermarket chains, road freight companies, and public transport operators. The company was founded in 1885 and is headquartered in Augsburg, Germany.