In a report released yesterday, David Manthey from Robert W. Baird reiterated a Hold rating on Anixter International Inc (AXE), with a price target of $67. The company’s shares opened today at $56.14, close to its 52-week low of $54.02.
According to TipRanks.com, Manthey is a 4-star analyst with an average return of 8.8% and a 65.9% success rate. Manthey covers the Services sector, focusing on stocks such as Foundation Building Materials Inc, SiteOne Landscape Supply, and Beacon Roofing Supply.
The the analyst consensus on Anixter International Inc is currently a Hold rating.
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Anixter International Inc’s market cap is currently $1.9B and has a P/E ratio of 16.67. The company has a Price to Book ratio of 1.22.
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Anixter International, Inc. engages in the distribution of solutions for network and security, electrical and electronic, and utility power. It operates through following segments: Network and Security Solutions (NSS), Electrical and Electronic Solutions (EES), and Utility Power Solutions (UPS).
