In a report released today, Manav Patnaik from Barclays maintained a Buy rating on WillScot Mobile Mini Holdings (WSC – Research Report), with a price target of $60.00. The company’s shares closed yesterday at $47.35.
According to TipRanks, Patnaik is a 5-star analyst with an average return of 12.3% and a 66.99% success rate. Patnaik covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, Thomson Reuters, and Equifax.
Currently, the analyst consensus on WillScot Mobile Mini Holdings is a Strong Buy with an average price target of $54.44, implying a 14.97% upside from current levels. In a report released on February 22, Robert W. Baird also assigned a Buy rating to the stock with a $55.00 price target.
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Based on WillScot Mobile Mini Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $612.38 million and a net profit of $86.33 million. In comparison, last year the company earned a revenue of $590.55 million and had a net profit of $86.4 million
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WillScot Mobile Mini Holdings (WSC) Company Description:
Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.
Read More on WSC:
- WillScot Mobile Mini Advances McGrath RentCorp Merger
- WillScot Mobile Mini price target raised to $58 from $53 at Stifel
- WillScot Mobile Mini price target raised to $55 from $48 at Baird
- WillScot Mobile Mini price target raised to $57 from $55 at Wells Fargo
- WillScot Mobile sees FY24 adjusted EBITDA $1.125B -$1.2B
