Watsco (WSO) Receives a Hold from KeyBanc

In a report released today, Jeffrey Hammond from KeyBanc maintained a Hold rating on Watsco (WSO – Research Report). The company’s shares closed yesterday at $440.60.

Hammond covers the Industrials sector, focusing on stocks such as Generac Holdings, Lennox International, and Pentair. According to TipRanks, Hammond has an average return of 11.2% and a 60.69% success rate on recommended stocks.

Watsco has an analyst consensus of Hold, with a price target consensus of $428.60.

WSO market cap is currently $16.36B and has a P/E ratio of 30.25.

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Watsco (WSO) Company Description:

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.