Wajax Corp. (TSE:WJX) stock price target increased to $25.00, released a research note earlier today by RBC Capital Markets
- Updated: November 27, 2016
Stating a potential upside of 0.07%, RBC Capital Markets raised the target price of Wajax Corp. (TSE:WJX) to $25.00
On Wednesday November 16, 2016, Scotia Capital reported on Wajax Corp. (TSE:WJX) increased the target price from $0.00 to $20.00. At the time, this indicated a possible downside of -0.16%.
Just yesterday Wajax Corp. (TSE:WJX) traded 1.95% higher at $23.36. WJX’s 50-day average is $18.72 and its two hundred day average is $16.03. With the last close up 50.14% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.03% over the same time. 150,835 shares of WJX traded hands, up from an average trading volume of 49,559
Recent Performance Chart
Wajax Corp. has 52 week low of $13.34 and a 52 week high of $24.30 and has a market capitalization of $0.
In addition to RBC Capital Markets reporting its target price, a total of 5 brokers have issued a report on the stock. The consensus target price is $14.19 with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 2 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero brokerages rating the company a sell.
General Company Details For Wajax Corp. (TSE:WJX)
Wajax Corporation is a Canada-based distributor engaged in the sale and service support of mobile equipment, power systems and industrial components. The Company's Equipment business is engaged in distribution, rental, modification and servicing of mobile equipment from manufacturers. Its Power Systems business is engaged in distribution, sales, service of heavy-duty engines, transmissions, and power generation product sales, service, and rentals across Canada. Its Industrial Components business is engaged in the distribution, servicing, engineering, custom design and assembly of industrial components for in-plant customers and original equipment manufacturers. The Company operates through a network of approximately 120 branches in Canada in over three businesses. Its three businesses include the distribution, modification and servicing of equipment; the distribution, servicing and assembly of power systems, and the distribution, servicing and assembly of industrial components.
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