WESCO International (WCC) : Zacks Investment Research ranks WESCO International (WCC) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.64, which indicates as a Hold.
WESCO International (WCC) : Currently there are 8 street experts covering WESCO International (WCC) stock. The most bullish and bearish price target for the stock is $72 and $47 respectively for the short term. The average price target of all the analysts comes to $59.88. The estimated standard deviation from the target is $7.3.
Also, Oppenheimer downgrades its view on WESCO International (NYSE:WCC) according to the research report released by the firm to its investors. The shares have now been rated Perform by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. The rating by the firm was issued on September 7, 2016.
WESCO International (NYSE:WCC): After opening at $57.39, the stock dipped to an intraday low of $57.15 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $58.09 and the buying power remained strong till the end. The stock closed at $57.9 for the day, a gain of 0.87% for the day session. The total traded volume was 546,172. The stocks close on the previous trading day was $57.4.
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.