New Welbilt (WBT)’s Coverage Initiated By CL King On Jun 29, 2018.

June 29, 2018 - By Bridget Boland

What’s CL King’s Current Rate of Welbilt (WBT)

On Thursday, 28 June was set Welbilt (WBT)‘s “Neutral” rating by Stock research analysts and CL King started coverage on WBT.

Welbilt, Inc. (NYSE:WBT) Ratings Coverage

A total of 6 analysts rate Welbilt (WBT) as follows: 4 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 67% are bullish. (WBT) has 8 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Wednesday, April 18 Longbow upgraded the shares of WBT in report to “Buy” rating. On Friday, June 8 Citigroup maintained Welbilt, Inc. (NYSE:WBT) rating. Citigroup has “Neutral” rating and $23 target. On Tuesday, February 27 Seaport Global maintained Welbilt, Inc. (NYSE:WBT) rating. Seaport Global has “Buy” rating and $25.0 target. On Thursday, May 24 Buckingham Research initiated Welbilt, Inc. (NYSE:WBT) with “Buy” rating. The stock rating was maintained by Citigroup with “Neutral” on Monday, March 5. On Tuesday, February 27 the stock of Welbilt, Inc. (NYSE:WBT) earned “Buy” rating by Susquehanna.

WBT is touching $22.29 during the last trading session, after decreased 0.18%.Welbilt, Inc. has volume of 231,600 shares. Since June 29, 2017 WBT has risen 2.53% and is uptrending. The stock underperformed the S&P500 by 10.04%.

Welbilt, Inc. (NYSE:WBT)’s earnings report is awaited on August, 8., according to RTT. The EPS diference is $0.04 or 18.18 % down from last years number. Previous year: $0.22; Analysts forcast: $0.18. In case of $0.18 EPS WBT’s profit could reach $25.19M. Wall Street now forecasts 20.00 % EPS growth despite Welbilt, Inc. previous quarter’s EPS of $0.15.

Welbilt, Inc. designs, manufactures, and services hot and cold category commercial foodservice equipment worldwide.The firm is worth $3.12 billion. The firm offers commercial upright and undercounter refrigerators and freezers, blast freezers, blast chillers, cook-chill systems, modular and fully assembled walk-in refrigerators, coolers and freezers, and prefabricated cooler and freezer panels.22.31 is the P/E ratio. It also provides ranges, griddles, grills, combi ovens, convection ovens, conveyor ovens, induction cookers, broilers, tilt fry pans/kettles/skillets, braising pans, cheese melters/salamanders, cook stations, table top and countertop cooking/frying systems, fryers, steam jacketed kettles, and steamers.

There’s an important Welbilt, Inc. (NYSE:WBT) news posted by Benzinga.com. It’s a report titled: “Benzinga’s Top Upgrades, Downgrades For June 28, 2018” on June 28, 2018.

Welbilt, Inc. (NYSE:WBT) Analyst Ratings Chart

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