Welbilt (WBT): On Jun 29, 2018 CL King Started Rating It.

June 29, 2018 - By Estela Ashley

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

The Welbilt (WBT)‘s stock was given “Neutral” rating by Professional analysts at CL King. They started coverage in Thursday morning 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. In Friday, June 8 report Citigroup maintained it with “Neutral” rating and $23 target. On Tuesday, February 27 the company was maintained by Seaport Global. On Monday, March 5 the firm has “Neutral” rating by Citigroup given. On Wednesday, April 18 Longbow upgraded Welbilt, Inc. (NYSE:WBT) to “Buy” rating. In Tuesday, February 27 report Susquehanna maintained it with “Buy” rating and $24.0 target. On Thursday, May 24 the firm earned “Buy” rating by Buckingham Research.

The stock decreased 0.18% or $0.04 during the last trading session, reaching $22.29.Welbilt, Inc. has volume of 231,600 shares. Since June 29, 2017 WBT has risen 2.53% and is uptrending. WBT underperformed by 10.04% the S&P500.

On August, 8 Welbilt, Inc. (NYSE:WBT)’s earnings release is anticipated by WallStreet, RTT reports. The earnings per share diference is $0.04 or 18.18 % down from last years number. Previous year: $0.22; Analysts forcast: $0.18. If WBT’s EPS is $0.18 the profit will hit $25.19 million for 30.96 P/E. 20.00 % EPS growth is what Wall Street’s predicts after $0.15 reported EPS previous quarter.

Welbilt, Inc. designs, manufactures, and services hot and cold category commercial foodservice equipment worldwide.The firm is valued at $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 a substantial Welbilt, Inc. (NYSE:WBT) news released 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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