Analyst Price Target is C$22.38
▲ +2.68% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Wajax in the last 3 months. The average price target is C$22.38, with a high forecast of C$24.00 and a low forecast of C$20.00. The average price target represents a 2.68% upside from the last price of C$21.79.
Current Consensus is
Hold
The current consensus among 4 polled investment analysts is to hold stock in Wajax. This rating has held steady since August 2024, when it changed from a Moderate Buy consensus rating.
Wajax Corp is a Canadian distributor of industrial components. The company's core business is the sale of parts and service support of equipment, power systems, and industrial components through a network of branches in Canada. Most of its revenue is generated from the sale of equipment which includes machinery and components used for construction purposes and its industrial components find utility in businesses like mining, forestry, and material handling for other industrial purposes. It sells to leading manufacturer brands such as Hitachi, JCB, Bell, Hyster, Palfinger and other similar industries.
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