Recent Analysts’ Ratings Updates for Wajax (WJX)

Several brokerages have updated their recommendations and price targets on shares of Wajax (TSE: WJX) in the last few weeks:

• 3/4/2026 – Wajax had its price target raised by Scotiabank from C$29.00 to C$34.00. They now have a “sector perform” rating on the stock.
• 3/4/2026 – Wajax had its price target lowered by BMO Capital Markets from C$40.00 to C$34.00. They now have a “market perform” rating on the stock.
• 3/4/2026 – Wajax had its price target raised by TD Securities from C$28.00 to C$34.00. They now have a “hold” rating on the stock.
• 3/3/2026 – Wajax was upgraded by National Bank Financial from “hold” to “outperform”. They now have a C$37.00 price target on the stock, up from C$27.00.
• 2/4/2026 – Wajax had its price target raised by TD Securities from C$25.00 to C$28.00.

Wajax Corp is a Canadian distributor of industrial components. The company’s core business is the sale of parts and service support of equipment, power systems, and industrial components through a network of branches in Canada. Most of its revenue is generated from the sale of equipment which includes machinery and components used for construction purposes and its industrial components find utility in businesses like mining, forestry, and material handling for other industrial purposes. It sells to leading manufacturer brands such as Hitachi, JCB, Bell, Hyster, Palfinger and other similar industries.