Short Term Rating on WESCO International (WCC)

WESCO International (WCC) : 2 brokerage houses believe that WESCO International (WCC) is a Strong Buy at current levels. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on WESCO International (WCC). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

WESCO International (WCC) : The highest level WESCO International (WCC) is projected to reach is $65 for the short term and the lowest estimate is at $47. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $56 and the possibility the share price can swing is $6.14.

Company shares have received an average consensus rating of Hold for the current week


WESCO International (NYSE:WCC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $54.54 and $53.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $54.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $54.36, notching a gain of 0.55% for the day. The total traded volume was 1,030,918 . The stock had closed at $54.06 on the previous day.

WESCO International, Inc. (WESCO International) is a distributor of products and provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government (CIG) markets. The Company is a provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials and advanced supply chain management and logistics services. The Companys product categories include general electrical and industrial supplies, wire, cable and conduit, data and broadband communications, power distribution equipment, lighting and lighting control systems, control and automation, motors, and safety. It offers a portfolio of value-added capabilities, which includes supply chain management, logistics and transportation, procurement, warehousing and inventory management, as well as kitting, limited assembly of products and system installation.

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