Anixter International Inc. (NYSE:AXE) gets upgraded to Neutral by Longbow Research

ME Staff
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Analyst Ratings For Anixter International Inc. (NYSE:AXE)

Today, Anixter International Inc. (NYSE:AXE) stock received an upgrade by Longbow Research from Neutral to Buy.

There are 0 sell ratings, 2 hold ratings, 1 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Anixter International Inc. (NYSE:AXE) is Hold with a consensus target price of $88.00 per share, a potential 20.05% upside.

Some recent analyst ratings include

  • 7/20/2018-Longbow Research Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 1/31/2018-Wells Fargo & Co Reiterated Rating of Market Perform.
  • 9/1/2017-Robert W. Baird Reiterated Rating of Hold.
  • 7/11/2017-Wolfe Research initiated coverage with a Outperform rating.
  • 2/2/2017-Imperial Capital was Downgraded by analysts at Imperial Capital from a “Outperform ” rating to a ” In-Line” rating. They now have a $88.00 price target on the stock, up previously from $72.00 .

Recent Insider Trading Activity For Anixter International Inc. (NYSE:AXE)
Anixter International Inc. (NYSE:AXE) has insider ownership of 13.60% and institutional ownership of 88.35%.

  • On 5/1/2018 Justin C. Choi, EVP, bought 1,500 with an average share price of $59.89 per share and the total transaction amounting to $89,835.00.
  • On 4/30/2018 Melvyn N. Klein, Director, bought 2,000 with an average share price of $58.90 per share and the total transaction amounting to $117,800.00.
  • On 4/30/2018 Ted A. Dosch, VP, bought 4,200 with an average share price of $60.55 per share and the total transaction amounting to $254,310.00.
  • On 4/11/2018 Robert J. Eck, CEO, sold 12,200 with an average share price of $75.30 per share and the total transaction amounting to $918,660.00.
  • On 3/15/2018 Robert J. Eck, CEO, sold 2,812 with an average share price of $78.37 per share and the total transaction amounting to $220,376.44.
  • On 3/7/2018 Robert J. Eck, CEO, sold 12,200 with an average share price of $76.04 per share and the total transaction amounting to $927,688.00.
  • On 1/16/2018 Robert J. Eck, CEO, sold 7,800 with an average share price of $80.12 per share and the total transaction amounting to $624,936.00.

About Anixter International Inc. (NYSE:AXE)
Anixter International Inc., through its subsidiary, Anixter Inc., distributes enterprise cabling and security solutions, electrical and electronic wire and cable products, and utility power solutions. Its Network & Security Solutions segment offers copper and fiber optic cable and connectivity, access control, video surveillance, intrusion and fire/life safety, cabinet, power, cable management, wireless, professional audio/video, voice and networking switche, and other ancillary products for technology, finance, telecommunications service provider, transportation, education, government, healthcare, and retail industries. The company's Electrical & Electronic Solutions segment provides electrical and electronic wires and cables, shipboard cables, support and supply products, low-voltage and instrumentation cables, industrial communication and control products, security cables, connectors, industrial Ethernet switches, and voice and data cables to the commercial and industrial, and original equipment manufacturer markets. Its Utility Power Solutions segment supplies electrical transmission and distribution products, power plant maintenance, repair and operations supplies, and smart-grid products, as well as arranges materials management and procurement outsourcing for the power generation and electricity distribution industries. The company serves contractors, installers, system integrators, value-added resellers, architects, engineers, and wholesale distributors in the manufacturing, resource extraction, Internet service provider, and utility industries, as well as defense customers. It distributes its products primarily in North America, Europe, the Middle East, Africa, the Asia Pacific, and Central and Latin America. The company was formerly known as Itel Corporation. Anixter International Inc. was founded in 1957 and is headquartered in Glenview, Illinois.

Recent Trading Activity for Anixter International Inc. (NYSE:AXE)
Shares of Anixter International Inc. closed the previous trading session at 74,60 up +8,60 13,03 % with shares trading hands.