RBC Capital Remains a Hold on Wesco International (WCC)


In a report released yesterday, Deane Dray from RBC Capital reiterated a Hold rating on Wesco International (NYSE: WCC), with a price target of $66. The company’s shares closed yesterday at $57.80.

According to TipRanks.com, Dray is a 4-star analyst with an average return of 5.3% and a 62.3% success rate. Dray covers the Industrial Goods sector, focusing on stocks such as Atkore International Group Inc, Gates Industrial Corp Plc, and Emerson Electric Company.

Wesco International has an analyst consensus of Hold, with a price target consensus of $69.67, representing a 20.5% upside. In a report released yesterday, Oppenheimer also assigned a Hold rating to the stock.

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The company has a one-year high of $69.35 and a one-year low of $48.95. Currently, Wesco International has an average volume of 470.5K.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock.

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WESCO International, Inc. is a holding company, which engages in the provision of electrical, industrial, and communications maintenance, repair, and operating; and original equipment manufacturers products. It also offers construction materials, and supply chain management and logistics services.

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