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Watsco (NYSE:WSO) has been upgraded from Neutral to Buy in a statement by Longbow earlier today.

Boasting a price of $143.07, Watsco (NYSE:WSO) traded 1.84% higher on the day. With the last stock price close up 2.23% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Watsco has recorded a 50-day average of $143.50 and a two hundred day average of $138.82. Volume of trade was down over the average, with 28,274 shares of WSO changing hands under the typical 166,535

Longbow has upgraded Watsco (NYSE:WSO) from Neutral to Buy in a statement released on 10/14/2016.

Performance Chart

Watsco (NYSE:WSO)

With a total market value of $0, Watsco has price-earnings ratio of 28.76 with a one year low of $106.58 and a one year high of $149.99 .

A total of 11 equity analysts have released a report on Watsco. 4 brokerages rating the stock a strong buy, 1 broker rating the stock a buy, eight analysts rating the company a hold, 1 brokerage rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $137.91.

About Watsco (NYSE:WSO)

Watsco, Inc. (Watsco) is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R). The Company operates in the HVAC/R distribution industry in North America. The Company operates at approximately 570 locations in over 40 United States' states, Canada, Mexico and Puerto Rico. The Company sells a line of products and maintains a mix of inventory to meet its customers' needs. The Company distributes a range of products, such as equipment, including residential ducted and ductless air conditioners, gas, electric and oil furnaces, commercial air conditioning and heating equipment and systems and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts, and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives and other ancillary supplies.

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