Raymond James reissued their market perform rating on shares of Wajax (TSE:WJX) in a research note released on Monday, BayStreet.CA reports. The firm currently has a C$17.50 price target on the stock. Raymond James also issued estimates for Wajax’s Q3 2019 earnings at $0.49 EPS and Q4 2019 earnings at $0.51 EPS.
Several other analysts have also weighed in on WJX. BMO Capital Markets restated a market perform rating and set a C$17.00 price target on shares of Wajax in a report on Thursday, June 20th. Royal Bank of Canada reduced their target price on Wajax from C$24.00 to C$22.00 in a research note on Monday, July 22nd.
TSE:WJX opened at C$14.90 on Monday. The firm’s fifty day moving average is C$15.33. Wajax has a fifty-two week low of C$14.10 and a fifty-two week high of C$28.17. The stock has a market cap of $311.86 million and a price-to-earnings ratio of 8.61. The company has a quick ratio of 0.81, a current ratio of 2.25 and a debt-to-equity ratio of 126.82.
Wajax Corporation, an integrated distribution company, provides sales, parts, and services to transportation, forestry, industrial and commercial, construction, oil sands, mining, metal processing, government, utilities, and oil and gas sectors. The company provides construction, material-handling, crane and utility, forestry, and mining and oil sands equipment.
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