Wajax Corp (TSE:WJX) has been assigned a consensus recommendation of “Buy” from the six brokerages that are presently covering the company. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$19.83.

A number of brokerages have commented on WJX. TD Securities cut their price target on shares of Wajax Corp from C$17.50 to C$16.00 and set a “hold” rating for the company in a research note on Monday, August 8th. Scotiabank raised their target price on shares of Wajax Corp from C$16.50 to C$18.00 and gave the stock a “sector perform” rating in a research note on Monday, August 8th. Raymond James Financial Inc. cut their target price on shares of Wajax Corp from C$16.00 to C$15.00 and set a “market perform” rating for the company in a research note on Monday, August 8th. BMO Capital Markets cut their target price on shares of Wajax Corp from C$17.00 to C$16.00 in a research note on Monday, August 8th. Finally, Royal Bank Of Canada raised their target price on shares of Wajax Corp from C$15.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 2nd.

Wajax Corp (TSE:WJX) opened at 24.22 on Friday. Wajax Corp has a 52-week low of $13.34 and a 52-week high of $24.90. The firm’s market capitalization is $479.34 million. The firm has a 50-day moving average of $19.02 and a 200-day moving average of $16.10.

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Wajax Corp Company Profile

Wajax Corporation is a Canada-based distributor engaged in the sale and service support of mobile equipment, power systems and industrial components. The Company’s Equipment business is engaged in distribution, rental, modification and servicing of mobile equipment from manufacturers. Its Power Systems business is engaged in distribution, sales, service of heavy-duty engines, transmissions, and power generation product sales, service, and rentals across Canada.

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