Raymond James analyst Sam Darkatsh maintained a Buy rating on Wesco International (WCC) today. The company’s shares closed last Tuesday at $43.70.
According to TipRanks.com, Darkatsh is a 1-star analyst with an average return of -0.1% and a 50.6% success rate. Darkatsh covers the Industrial Goods sector, focusing on stocks such as HD Supply Holdings, Fastenal Company, and The Toro Company.
Wesco International has an analyst consensus of Moderate Buy, with a price target consensus of $52.00, representing a 12.5% upside. In a report issued on September 9, Oppenheimer also maintained a Buy rating on the stock with a $65.00 price target.
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The company has a one-year high of $61.32 and a one-year low of $13.52. Currently, Wesco International has an average volume of 1.08M.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WCC in relation to earlier this year.
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WESCO International, Inc. is a holding company, which engages in the provision of electrical, industrial, and communications maintenance, repair & operating and original equipment manufacturers products. It also offers construction materials, and supply chain management and logistics services. Its product categories include general supplies, wire, cable & conduit, communications & security, electrical distribution and controls, lighting & sustainability and automation, controls & motors. The company was founded in 1993 and is headquartered in Pittsburgh, PA.