RBC Capital analyst Deane Dray maintained a Buy rating on Wesco International (NYSE:WCC) on Sunday, setting a price target of $79, which is approximately 21.13% above the present share price of $65.22.
Dray expects Wesco International to post earnings per share (EPS) of $1.32 for the fourth quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Wesco International, with an average price target of $69.
The analysts price targets range from a high of $80 to a low of $45.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $4.14 billion and a net profit of $178.1 million. The company's market cap is $3.32 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 7.2% and a 57.99% 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.