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Bullboard - Stock Discussion Forum Wajax Corp T.WJX

Alternate Symbol(s):  T.WJX.DB | WJXFF

Industrials Industrial Distribution
Wajax Corporation is a Canada-based diversified industrial products and services provider. The Company operates an integrated distribution system providing sales, parts and services to a broad range of customers in various sectors, including construction, forestry, mining, industrial and commercial, oil sands, transportation, metal processing, government and utilities, and oil and gas. The... see more

TSX:WJX - Post Discussion

Wajax Corp > Raymond James
View:
Post by microcaphobby on Nov 02, 2021 9:16am

Raymond James

Citing another “stellar quarter,” Raymond James analyst Bryan Fast upgraded Wajax Corp. (WJX-T) to “outperform” from “market perform” while raising his price target to C$30 from C$26.

Wajax reported third-quarter adjusted EPS of 70 cents, well above the consensus expectation of 58 cents - and that was accomplished without Wajax receiving any wage subsidies for the first time since the program began. Gross profit for the Canadian distributor of industrial components was up 33% from a year ago as revenues increased 18%.

Comment by JCW on Nov 29, 2021 12:03pm
WJX down almost 20% in November .....with a strong buy rating ..?? Any comments as to the continued selling??
Comment by JCW on Nov 29, 2021 12:19pm
Interesting that Raymond James is a selling house at $24 ...with a target of $30??
Comment by Karren411 on Dec 06, 2021 3:46pm
Wajax Corp