Zacks Investment Research downgraded Wesco Aircraft Holdings Inc (NYSE:WAIR) to Sell in a report released today.
- Updated: October 6, 2016
Boasting a price of $13.70, Wesco Aircraft Holdings Inc (NYSE:WAIR) traded -0.94% lower on the day. With the last stock price close down -1.41% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Wesco Aircraft Holdings Inc has recorded a 50-day average of $13.70 and a two hundred day average of $13.91. Volume of trade was up over the average, with 342,392 shares of WAIR changing hands over the typical 287,311
Zacks Investment Research has downgraded Wesco Aircraft Holdings Inc (NYSE:WAIR) to Sell in a statement released on Thursday October 06, 2016.
On 7/18/2016, Jefferies & Co released a statement for Wesco Aircraft Holdings Inc (NYSE:WAIR) bumped down the target price from $14.00 to $12.00 that suggested a downside of -0.10%.
With a total market value of $0, Wesco Aircraft Holdings Inc has with a one year low of $9.91 and a one year high of $15.07 .
A total of 8 brokerages have issued a ratings update on Wesco Aircraft Holdings Inc. One brokerage rating the company a strong buy, zero analysts rating the company a buy, five analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $13.44.
Brief Synopsis On Wesco Aircraft Holdings Inc (NYSE:WAIR)
Wesco Aircraft Holdings, Inc. is a distributor and provider of supply chain management services to the global aerospace industry. The Company's services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time (JIT) delivery and point-of-use inventory management. The Company operates through two segments: North America and Rest of World. The Company supplies over 575,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts. The Company offers various products, such as blind fasteners, adhesives, connectors, airframe control bearings, brackets, panel fasteners, sealants and tapes, relays, rod ends, milled parts, bolts and screws, lubricants, switches and spherical bearings. It serves customers in the automotive, energy, pharmaceutical, electronics, commercial, military and general aviation sectors.
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