How Analysts Rated WESCO International, Inc. (NYSE:WCC) Last Week?

July 17, 2017 - By reb123z

 How Analysts Rated WESCO International, Inc. (NYSE:WCC) Last Week?
Investors sentiment increased to 1.5 in 2016 Q4. Its up 0.50, from 1 in 2016Q3. It improved, as 27 investors sold WESCO International, Inc. shares while 67 reduced holdings. 53 funds opened positions while 88 raised stakes. 47.43 million shares or 2.74% less from 48.77 million shares in 2016Q3 were reported.
Cantab Capital Prns Llp stated it has 4,039 shares or 0% of all its holdings. New York-based Tiaa Cref Limited has invested 0% in WESCO International, Inc. (NYSE:WCC). New South Management Incorporated has 0.87% invested in WESCO International, Inc. (NYSE:WCC). Deutsche Bankshares Ag owns 55,506 shares. Parallax Volatility Advisers Lp has 1,251 shares. Employees Retirement System Of Texas invested in 28,000 shares. Investec Asset Management Ltd holds 0.31% or 895,018 shares. Art Limited Liability Corp has 10,100 shares for 0.04% of their portfolio. Davis Selected Advisers invested in 0.06% or 202,932 shares. Renaissance Tech Lc holds 0.01% of its portfolio in WESCO International, Inc. (NYSE:WCC) for 66,100 shares. Paloma Partners Mgmt Co holds 20,048 shares or 0.01% of its portfolio. Rhumbline Advisers has 45,351 shares for 0.01% of their portfolio. Riverhead Capital Mngmt Limited Liability Company reported 2,200 shares. Clinton Gru holds 0.04% of its portfolio in WESCO International, Inc. (NYSE:WCC) for 11,530 shares. Quantbot Techs Ltd Partnership holds 0.06% or 8,063 shares in its portfolio.

Since January 31, 2017, it had 1 insider buy, and 2 sales for $5.05 million activity. $355,874 worth of WESCO International, Inc. (NYSE:WCC) was bought by Schulz David S. on Tuesday, January 31. $122,019 worth of WESCO International, Inc. (NYSE:WCC) was sold by LIN SANDRA BEACH on Thursday, February 9. The insider ENGEL JOHN sold 75,171 shares worth $5.28 million.

WESCO International, Inc. (NYSE:WCC) Ratings Coverage

Among 17 analysts covering Wesco International Inc. (NYSE:WCC), 6 have Buy rating, 0 Sell and 11 Hold. Therefore 35% are positive. Wesco International Inc. had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was reinitiated by Credit Suisse on Friday, June 17 with “Outperform”. The stock of WESCO International, Inc. (NYSE:WCC) has “Buy” rating given on Wednesday, August 24 by Longbow. Barclays Capital maintained the stock with “Equal Weight” rating in Wednesday, December 16 report. The rating was maintained by Oppenheimer on Friday, January 29 with “Outperform”. RBC Capital Markets downgraded WESCO International, Inc. (NYSE:WCC) rating on Wednesday, January 6. RBC Capital Markets has “Sector Perform” rating and $50 target. The stock of WESCO International, Inc. (NYSE:WCC) has “Outperform” rating given on Wednesday, October 7 by Oppenheimer. The stock of WESCO International, Inc. (NYSE:WCC) earned “Hold” rating by RBC Capital Markets on Monday, July 10. The company was maintained on Wednesday, December 16 by RBC Capital Markets. Credit Suisse initiated WESCO International, Inc. (NYSE:WCC) rating on Tuesday, September 15. Credit Suisse has “Outperform” rating and $76 target. The stock has “Hold” rating by Oppenheimer on Wednesday, June 7. Below is a list of WESCO International, Inc. (NYSE:WCC) latest ratings and price target changes.

10/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $72.0000 Maintain
11/07/2017 Broker: Wolfe Research Rating: Outperform New Target: $66 Initiates Coverage On
09/06/2017 Broker: Credit Suisse Rating: Buy New Target: $70.0000
07/06/2017 Broker: Oppenheimer Rating: Hold Maintain
01/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $72.0000 Maintain
02/05/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Upgrade

The stock increased 1.60% or $0.9 during the last trading session, reaching $57.3. About 515,084 shares traded. WESCO International, Inc. (NYSE:WCC) has risen 13.26% since July 17, 2016 and is uptrending. It has underperformed by 3.44% the S&P500.

WESCO International, Inc. is a distributor of products and well-known provider of supply chain management and logistics services used in industrial, construction, utility and commercial, institutional and government markets. The company has market cap of $2.79 billion. The Firm is a well-known provider of electrical, industrial and communications maintenance, repair and operating (MRO) and original equipment manufacturers (OEM) products, construction materials, and supply chain management and logistics services. It has a 28.35 P/E ratio. The Company’s product categories include general supplies, wire, cable and conduit, communications and security, electrical distribution and controls, lighting and sustainability, and automation, controls and motors.

More notable recent WESCO International, Inc. (NYSE:WCC) news were published by: Nasdaq.com which released: “The Zacks Analyst Blog Highlights: MSCI, TE Connectivity, WESCO International …” on July 11, 2017, also Gurufocus.com with their article: “Vaughan Nelson Investment Management, Lp Buys Nexstar Media Group Inc, The …” published on July 17, 2017, Prnewswire.com published: “WESCO International, Inc. Reports First Quarter 2017 Results” on April 27, 2017. More interesting news about WESCO International, Inc. (NYSE:WCC) were released by: Prnewswire.com and their article: “WESCO International, Inc. Announces Its Second Quarter Earnings Call and …” published on June 19, 2017 as well as Nasdaq.com‘s news article titled: “Oversold Conditions For Wesco International (WCC)” with publication date: June 21, 2017.

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