WESCO International (WCC) Receives Price Target

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.

WESCO International (WCC) : Zacks Investment Research ranks WESCO International (WCC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.45, which indicates as a Buy.


Also, Macquarie initiates coverage on WESCO International (NYSE:WCC) The current rating of the shares is Neutral. The rating by the firm was issued on August 25, 2016.

WESCO International (NYSE:WCC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.37 and $60.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $62.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.33, notching a gain of 0.27% for the day. The total traded volume was 855,244 . The stock had closed at $62.16 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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