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up 586.71 %

WABCO HOLDINGS INC (WBC) upgraded to Buy with price target $22 by KeyBanc Capital Mkts

Posted on: Friday,  Nov 14, 2008  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy WABCO HOLDINGS INC (NYSE: WBC) on 11/14/2008, when the stock price was $16.94.
Since then, WABCO HOLDINGS INC has gained 586.72% as of 12/21/2015's recent price of $116.33.
If you would have followed this KeyBanc Capital Mkts's recommendation on WBC, you would have gained 586.71% of your investment in 2593 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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/14/2008 8:25 AM Buy
16.94 22.00
as of 12/24/2008
1 Week up  8.79 %
1 Month up  50.16 %
3 Months up  18.99 %
1 YTD down  -50.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2008 8:25 AM Hold

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