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Equities research analysts at Credit Suisse Group assumed coverage on shares of Wallbox (NYSE:WBX - Get Rating) in a research note issued on Wednesday, The Fly reports. The firm set an "outperform" rating on the stock.

Several other analysts have also recently weighed in on WBX. Cowen started coverage on shares of Wallbox in a report on Wednesday, May 25th. They issued an "outperform" rating and a $14.00 price target on the stock. Canaccord Genuity Group began coverage on shares of Wallbox in a report on Wednesday, July 13th. They issued a "buy" rating and a $14.00 price objective on the stock. Cowen initiated coverage on shares of Wallbox in a report on Wednesday, May 25th. They set an "outperform" rating and a $14.00 target price for the company. Canaccord Genuity Group assumed coverage on Wallbox in a research note on Wednesday, July 13th. They issued a "buy" rating and a $14.00 price target on the stock. Finally, Stifel Nicolaus lowered their price objective on Wallbox from $24.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, August 11th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $16.56.Wallbox Price Performance

Shares of NYSE WBX opened at $8.19 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 1.48 and a debt-to-equity ratio of 0.13. Wallbox has a 52 week low of $8.01 and a 52 week high of $27.50. The firm's fifty day moving average is $9.19 and its 200 day moving average is $10.76. Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its holdings in Wallbox by 17.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 21,747 shares of the company's stock worth $193,000 after acquiring an additional 3,161 shares in the last quarter. Walleye Capital LLC increased its holdings in Wallbox by 11.9% in the 1st quarter. Walleye Capital LLC now owns 32,984 shares of the company's stock worth $421,000 after acquiring an additional 3,519 shares in the last quarter. Prelude Capital Management LLC increased its holdings in Wallbox by 13.7% in the 1st quarter. Prelude Capital Management LLC now owns 45,431 shares of the company's stock worth $579,000 after acquiring an additional 5,470 shares in the last quarter. LPL Financial LLC purchased a new stake in Wallbox in the 2nd quarter worth approximately $98,000. Finally, State of Tennessee Treasury Department purchased a new stake in Wallbox in the 1st quarter worth approximately $193,000. 4.13% of the stock is currently owned by institutional investors. Wallbox Company Profile (Get Rating)

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use. The company operates in three segments: Europe-Middle East Asia, North America, and Asia-Pacific. It offers EV charging hardware products, such as Pulsar Plus, an AC smart charger for home or multi-family residence; Commander 2, an AC smart charger for fleets and businesses with a 7-inch touchscreen display that provides a personalized and secure user interface for multiple users; Copper SB, an AC smart charger for fleets and businesses with an integrated socket that makes it compatible with both type 1 and type 2 charging cables; Quasar, a DC bi-directional charger for home-use that allows to charge and discharge electric vehicle, and enables to use car battery to power home or sell energy back to the grid; Supernova, a DC fast charger equipment designed for public use; and Hypernova that allows to optimize available power and adapt to the number of EVs connected for public charging along highways and transcontinental road networks.Recommended StoriesGet a free copy of the StockNews.com research report on Wallbox (WBX)3 Low Beta Defensive Stocks for a Tough MarketIt Could Be a September to Remember for These 3 StocksPeak Inflation Sets the Bottom for Brinker International Stock Can Roblox Reverse its Falling Bookings Amid Rising EngagementsBroadcom Bounces From Institutional Bottom 

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