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WESCO International, Inc. had its price target decreased by Royal Bank of Canada from $198.00 to $187.00, and was given an “overweight” rating by the brokerage. Trading volume at WESCO is 13,581 shares. WESCO International stock last traded at $176.53 on Tuesday, up 0.2% from the previous day.
The technology company reported $4.49 in earnings per share, and is forecast to post 15.77 earnings per share for the current fiscal year. The company’s stock has a consensus rating of “Buy” and an average price target of $189.57. WESCO International had a return on equity of 19.22% and a net margin of 3.75%.
EVP Hemant Porwal recently sold 13,000 shares of WESCO International. The company also has new stakes from institutional investors and hedge funds.

The company, WESCO International, Inc., provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).



Read more: Royal Bank of Canada Lowers WESCO International (NYSE:WCC) Price Target to $187.00