WESCO International (WCC) Stock Forecast & Price Target

$170.50

+2.60 (+1.55%)

(As of 07/26/2024 ET)

WESCO International - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 7 Analyst Ratings

Based on 7 Wall Street analysts who have issued ratings for WESCO International in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 3 have given a hold rating, and 4 have given a buy rating for WCC.

Consensus Price Target

$191.17
12.12% Upside

High Forecast	$205.00
Average Forecast	$191.17
Low Forecast	$172.00

According to the 7 analysts' twelve-month price targets for WESCO International, the average price target is $191.17. The highest price target for WCC is $205.00, while the lowest price target for WCC is $172.00. The average price target represents a forecasted upside of 12.12% from the current price of $170.50.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$191.17	$191.17	$184.67	$193.57
Forecasted Upside	12.12% Upside	12.06% Upside	17.18% Upside	29.53% Upside

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WCC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WCC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

WESCO International Stock vs. The Competition

Type	WESCO International	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.57	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	12.12% Upside	554.02% Upside	9.16% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/20/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Sector Perform ➝ Sector Perform	$172.00 ➝ $172.00	+2.46%
5/29/2024	Baird R W 0 of 5 stars	D. Manthey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
5/29/2024	Robert W. Baird 2 of 5 stars		Reiterated Rating	Outperform ➝ Neutral	$200.00 ➝ $195.00	+5.04%
5/6/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$190.00 ➝ $200.00	+17.01%
5/3/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$190.00 ➝ $205.00	+22.24%
5/3/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$190.00 ➝ $200.00	+18.43%
Get the Latest News and Ratings for WCC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for WESCO International and its competitors with MarketBeat's FREE daily newsletter.
3/15/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$180.00 ➝ $175.00	+7.65%
2/15/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy	$190.00 ➝ $200.00	+19.93%
10/17/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$148.00 ➝ $150.00	+20.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:13 PM ET.

WCC Forecast - Frequently Asked Questions

What is WESCO International's forecast for 2024?: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for WESCO International is $191.17, with a high forecast of $205.00 and a low forecast of $172.00.
Should I buy or sell WESCO International stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for WESCO International in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" WCC shares.
Does WESCO International's stock price have much upside?: According to analysts, WESCO International's stock has a predicted upside of 12.06% based on their 12-month stock forecasts.
Has WESCO International been downgraded by Wall Street analysts recently?: Over the previous 90 days, WESCO International's stock had 1 downgrade by analysts.
What analysts cover WESCO International?: WESCO International has been rated by research analysts at Baird R W, KeyCorp, Loop Capital, Oppenheimer, Robert W. Baird, and Royal Bank of Canada in the past 90 days.
Do Wall Street analysts like WESCO International more than its competitors?: Analysts like WESCO International less than other "computer and technology" companies. The consensus rating score for WESCO International is 2.57 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how WCC compares to other companies.