Wajax Corp Receives Average Recommendation of “Hold” from Brokerages (TSE:WJX)
Wajax Corp (TSE:WJX) has earned a consensus rating of “Hold” from the nine analysts that are covering the company, AnalystRatingsNetwork.com reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$37.06.
Wajax Corp (TSE:WJX) opened at 37.06 on Thursday. Wajax Corp has a 52 week low of $32.84 and a 52 week high of $39.56. The stock’s 50-day moving average is $35.91 and its 200-day moving average is $36.08. The company has a market cap of $621.8 million and a P/E ratio of 14.58.
Wajax Corp (TSE:WJX) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.72 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.72. On average, analysts predict that Wajax Corp will post $2.65 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at TD Securities raised their price target on shares of Wajax Corp from C$37.00 to C$39.00 in a research note on Thursday, August 7th. They now have a “hold” rating on the stock. Analysts at Raymond James raised their price target on shares of Wajax Corp from C$36.50 to C$38.50 in a research note on Monday, July 21st. They now have a “market perform” rating on the stock.
Wajax Corporation (TSE:WJX), is engaged in the sale and after-sales parts and service support of equipment, power systems and industrial components.
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