Imperial Capital Maintains In-Line Rating on Checkpoint Systems (CKP)

November 2, 2012 2:10 PM EDT Send to a Friend
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Price: $14.74 -0.07%

Rating Summary:
    1 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 30
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Imperial Capital maintained an In-Line rating on Checkpoint Systems (NYSE: CKP) and raised its price target to $8.00 (from $7.50).

Commenting on Q3 results, analysts called them mixed, but noted margin expansion which could increase FY13 EPS.

"We believe investors will remain on the sidelines until management executes on its turnaround plan and achieves stronger financial recovery," said analysts.

For an analyst ratings summary and ratings history on Checkpoint Systems click here. For more ratings news on Checkpoint Systems click here.

Shares of Checkpoint Systems closed at $8.06 yesterday, with a 52 week range of $6.69-$13.37.


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