KeyBanc analyst Steve Barger maintained a Buy rating on Wesco International (NYSE:WCC) on Tuesday, setting a price target of $96, which is approximately 6.94% above the present share price of $89.77.
Barger expects Wesco International to post earnings per share (EPS) of $0.11 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Wesco International, with an average price target of $98.
The analysts price targets range from a high of $110 to a low of $90.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.13 billion and a net profit of $92.76 million. The company's market cap is $4.5 billion.
According to TipRanks.com, KeyBanc analyst Steve Barger is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.2% and a 70.00% success rate.
WESCO International, Inc. is a holding company, which engages in the provision of electrical, industrial, and communications maintenance, repair & operating and original equipment manufacturers products. It also offers construction materials, and supply chain management and logistics services. Its product categories include general supplies, wire, cable & conduit, communications & security, electrical distribution and controls, lighting & sustainability and automation, controls & motors. The company was founded in 1993 and is headquartered in Pittsburgh, PA.