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up 158.51 %

WABCO HOLDINGS INC (WBC) rated Buy with price target $60 by Sterne Agee

Posted on: Tuesday,  Sep 2, 2008  11:25 AM ET by Sterne Agee

Sterne Agee rated Buy WABCO HOLDINGS INC (NYSE: WBC) on 09/02/2008, when the stock price was $45.00. Since
then, WABCO HOLDINGS INC has gained 158.51% as of 12/21/2015's recent price of $116.33.
If you would have followed this Sterne Agee's recommendation on WBC, you would have gained 158.51% of your investment in 2666 days.

WABCO Holdings Inc. is a provider of electric and electromechanical products for commercial truck, trailer, bus and passenger car manufacturers. The Company manufactures and sells control systems, including advanced braking, stability, suspension, transmission control, and air compressing and processing systems. The Company operated as the vehicle controls systems business division within American Standard Companies Inc. On July 31, 2007, the Company was spun off from American Standard Companies Inc. Subsequent to its spin off American Standard Companies Inc. changed its name to Trane Inc. (Trane). On June 5, 2008, Trane was acquired in a merger with Ingersoll-Rand Company Limited. On June 3, 2009, the Company increased its equity investment in its joint venture, WABCO-TVS (India) Ltd., to 75% from 39.2%. Also on June 3, 2009, WABCO transferred to the TVS group its holding in Sundaram-Clayton Limited, which contains the non-brakes business of its Indian joint venture.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2008 11:25 AM Buy
45.00 60.00
as of 12/24/2008
1 Week up  8.79 %
1 Month up  50.16 %
3 Months up  19.77 %
1 YTD down  -60.15 %

(*) Stock Price at the time of the recommendation.
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