Loop Capital Markets analyst Chris Dankert reiterated a Hold rating on Watsco (WSO – Research Report) today and set a price target of $350.00. The company’s shares closed last Friday at $352.66.
According to TipRanks, Dankert is a 4-star analyst with an average return of 15.0% and an 80.77% success rate. Dankert covers the Industrials sector, focusing on stocks such as Fastenal Company, Kennametal, and Wesco International.
Currently, the analyst consensus on Watsco is a Hold with an average price target of $365.17, representing a 3.55% upside. In a report released on September 6, Mizuho Securities also maintained a Hold rating on the stock with a $360.00 price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $381.28 and a one-year low of $223.32. Currently, Watsco has an average volume of 297K.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Watsco, Inc. engages in distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts; and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.
Read More on WSO:
