Wolfe Research analyst Nigel Coe maintained a Hold rating on Wesco International (NYSE:WCC) on Wednesday, setting a price target of $44, which is approximately 27.61% above the present share price of $34.48.
Coe expects Wesco International to post earnings per share (EPS) of $0.82 for the third 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 $45.5.
The analysts price targets range from a high of $55 to a low of $33.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.97 billion and a net profit of $60.91 million. The company's market cap is $1.66 billion.
According to TipRanks.com, Wolfe Research analyst Nigel Coe is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.3% and a 53.79% 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.