Wajax (TSE:WJX) had its target price lifted by equities researchers at BMO Capital Markets from C$27.00 to C$29.00 in a research report issued to clients and investors on Monday. BMO Capital Markets’ price target would indicate a potential upside of 9.77% from the company’s previous close.
WJX has been the topic of several other reports. Scotiabank raised their price objective on Wajax from C$32.00 to C$32.50 and gave the company an “outperform” rating in a research note on Wednesday, May 9th. TD Securities raised their price objective on Wajax from C$32.00 to C$33.00 and gave the company a “buy” rating in a research note on Wednesday, May 9th.
Shares of WJX opened at C$26.42 on Monday. Wajax has a 12-month low of C$18.49 and a 12-month high of C$27.63.
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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