Zacks Investment Research announced WESCO International, Inc. (NYSE:WCC), boosting its stock price target to $69.00 today
- Updated: October 3, 2016
Just yesterday WESCO International, Inc. (NYSE:WCC) traded 0.89% higher at $62.06. WESCO International, Inc.’s 50-day moving average is $59.79 and its 200-day moving average is $56.53. The last closing price is up 9.74% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 659,701 shares of WCC traded hands, down from an average trading volume of 783,734
In a report released on 10/03/2016 Zacks Investment Research bumped up the target of WESCO International, Inc. (NYSE:WCC) to $69.00 stating a potential upside of 0.11%.
Previously on 9/7/2016, Citigroup Inc. reported on WESCO International, Inc. (NYSE:WCC) increased the target price from $0.00 to $65.00. At the time, this indicated a possible upside of 0.03%.
Recent Performance Chart
WESCO International, Inc. has 52 week low of $34.00 and a 52 week high of $63.90 with a PE ratio of 15.18 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $58.25 with 3 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 15 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On WESCO International, Inc. (NYSE:WCC)
WESCO International, Inc. is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services. Its primary product categories include general electrical and industrial supplies, wire, cable and conduit, data and broadband communications, power distribution equipment, lighting and lighting control systems, control and automation, motors, and safety. It offers a portfolio of capabilities, which includes supply chain management, logistics and transportation, procurement, warehousing and inventory management, as well as kitting, limited assembly of products and system installation. It serves over 80,000 customers across the globe.
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