Loop Capital Markets analyst Chris Dankert reiterated a Hold rating on Watsco (WSO – Research Report) today and set a price target of $415.00. The company’s shares closed yesterday at $444.00.
According to TipRanks, Dankert is a 5-star analyst with an average return of 18.8% and a 77.33% success rate. Dankert covers the Industrials sector, focusing on stocks such as Fastenal Company, MSC Industrial, and Regal Rexnord.
In addition to Loop Capital Markets, Watsco also received a Hold from KeyBanc’s Jeffrey Hammond in a report issued yesterday. However, on April 24, Robert W. Baird maintained a Buy rating on Watsco (NYSE: WSO).
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.
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