Target Bumpn at ScotiaWajax Corporation (WJX-T; C$32.20)Key Risks: Industry cyclicality, commodity prices, non-residential activity, competition. NewOld1-Yr. TargetC$36.00C$34.00Key DataAdj EPS24E: C$3.77
Adj EPS24E: C$3.90
Valuation8.5x P/E on our 2025E8.75x P/E on our 2024E