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BidaskClub upgraded Watsco Inc (NYSE:WSO) to Strong-Buy in a report released today.

BidaskClub has upgraded Watsco Inc (NYSE:WSO) to Strong-Buy in a report released on Saturday July 08, 2017.

Previously on 6/27/2017, Zacks Investment Research reported on Watsco Inc (NYSE:WSO) increased the target price from $0.00 to $173.00. At the time, this indicated a possible upside of 0.12%.

Just yesterday Watsco Inc (NYSE:WSO) traded -0.26% lower at $155.43. Watsco Inc’s 50-day moving average is $151.74 and its 200-day moving average is $147.07. The last closing price is up 0.17% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. Trade Volume was down over the average, with 205,787 shares of WSO changing hands under the typical 276,553

Recent Performance Chart

Watsco Inc (NYSE:WSO)

Watsco Inc has PE ratio of 27.24 with a one year low of $128.60 and a one year high of $159.55 and has a market cap of $0.

In addition to BidaskClub reporting its target price, a total of 11 firms have issued a report on the stock. The consensus target price is $137.91 with 4 firms rating the stock a strong buy, 1 firm rating the stock a buy, 8 firms rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Watsco Inc (NYSE:WSO)

Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the HVAC/R distribution industry in North America. As of December 31, 2016, the Company sold a range of non-equipment products, representing more than 300,000 stock keeping units, including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats and air quality products. It distributes products consisting of equipment, including residential ducted and ductless air conditioners ranging from 1 to 5 tons, gas, electric and oil furnaces ranging from 50,000 to 150,000 British Thermal Units, commercial air conditioning and heating equipment and systems ranging from 1.5 to 25 tons and other specialized equipment; parts, including replacement compressors and motors, and supplies, including ductwork, grills, registers, sheet metal, adhesives and other ancillary supplies. It also sells products to the refrigeration market.

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