Watsco – Consensus Indicates Potential -6.4% Downside

Broker Ratings

Watsco with ticker code (WSO) have now 5 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 250 and 233 and has a mean target at 244. Given that the stocks previous close was at 260.75 this would indicate that there is a downside of -6.4%. The 50 day MA is 249.28 and the 200 day moving average is 237.77. The company has a market capitalisation of $10,251m. Visit the company website at: http://www.watsco.com

Watsco, together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners, including gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. In addition, the company exports its products to Latin America and the Caribbean Basin. Watsco was founded in 1945 and is headquartered in Miami, Florida.

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