Wajax Corporation (WJX), the Services sector company, was revisited by a Wall Street analyst today. The company received a Hold rating from Raymond James’ analyst Ben Cherniavsky, with a C$17.50 price target.
According to TipRanks.com, Cherniavsky is ranked #757 out of 5182 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Wajax Corporation with a C$19.88 average price target, which is a 19.7% upside from current levels. In a report released today, BMO Capital also reiterated a Hold rating on the stock with a C$17 price target.
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Wajax Corporation’s market cap is currently C$313.3M and has a P/E ratio of 8.6. The company has a Price to Book ratio of 1.06.
Wajax Corp. engages in providing industrial products and services. It operates through the following segments: Equipment, Power Systems, and Industrial Components. The company was founded by Bernard Joseph Coghlin in 1858 and is headquartered in Mississauga, Canada.
The company’s shares closed on Wednesday at C$16.61, close to its 52-week low of C$15.43.
