Wajax (TSE:WJX – Get Free Report) had its price target dropped by analysts at TD Securities from C$34.00 to C$30.00 in a report released on Tuesday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 26.53% from the stock’s current price.
Several other equities research analysts have also recently issued reports on the company. Scotiabank cut their target price on Wajax from C$37.00 to C$35.00 and set an “outperform” rating for the company in a research note on Friday, May 3rd. BMO Capital Markets lowered their target price on Wajax from C$32.00 to C$30.00 in a report on Wednesday, July 24th.
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Wajax Price Performance
Wajax Company Profile
Wajax Corporation provides equipment, parts, and services to construction, forestry, mining, industrial and 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; marine, off and on highway engines, and transmissions; and feller bunchers, felling heads, flail debarkers, forwarders, grinders, harvesting heads, log loaders, mulchers, skidders, track and wheel harvesters, and woodchippers.
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