Wajax Corp Receives Consensus Rating of “Hold” from Brokerages (TSE:WJX)
Wajax Corp (TSE:WJX) has earned an average rating of “Hold” from the nine analysts that are currently covering the stock, Analyst RN reports. Seven investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is C$37.06.
A number of research firms have recently commented on WJX. 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 Corp (TSE:WJX) opened at 36.85 on Thursday. Wajax Corp has a 1-year low of $32.84 and a 1-year high of $39.56. The stock’s 50-day moving average is $36.0 and its 200-day moving average is $36.08. The company has a market cap of $618.3 million and a price-to-earnings ratio of 14.45.
Wajax Corp (TSE:WJX) last announced its earnings results on Thursday, August 7th. The company reported $0.72 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.72. Analysts expect that Wajax Corp will post $2.65 earnings per share for the current fiscal year.
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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