RBC Capital analyst Deane Dray maintained a Buy rating on Wesco International (NYSE:WCC) on Wednesday, setting a price target of $122, which is approximately 11.89% above the present share price of $109.04.
Dray expects Wesco International to post earnings per share (EPS) of $0.89 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Wesco International, with an average price target of $118.63.
The analysts price targets range from a high of $125 to a low of $98.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $4.04 billion and a net profit of $133.25 million. The company's market cap is $5.47 billion.
According to TipRanks.com, RBC Capital analyst Deane Dray is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.9% and a 61.85% 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.