Wajax (TSE:WJX – Get Free Report) had its price objective lowered by TD Securities from C$37.00 to C$34.00 in a report issued on Thursday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. TD Securities’ price target points to a potential upside of 23.37% from the stock’s previous close.
Separately, BMO Capital Markets increased their price objective on Wajax from C$30.00 to C$31.00 in a research report on Thursday, October 12th.
Wajax Stock Performance
Wajax (TSE:WJX – Get Free Report) last released its earnings results on Thursday, August 10th. The company reported C$1.22 earnings per share for the quarter. The firm had revenue of C$586.20 million during the quarter. Wajax had a return on equity of 18.08% and a net margin of 3.84%. Research analysts predict that Wajax will post 4.1884817 EPS for the current fiscal year.
Wajax Company Profile
Wajax Corporation provides sales, parts, and services to construction, forestry, mining, industrial/commercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. The company offers compact excavators, dump trucks, excavators, wheel loaders, and wheeled excavators; aerial devices, boom lifts, cranes, digger derricks, drills, lifts, and material and scissor lifts; engines and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, skidders, track and wheel harvesters, and woodchippers.
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