Jefferies Maintains a 'Buy' on Esterline Tech (ESL); Q3 Review

August 31, 2012 8:01 AM EDT Send to a Friend
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Price: $76.53 -1.92%

Rating Summary:
    3 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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Jefferies maintains a 'Buy' on Esterline Tech (NYSE: ESL) price target of $75.00.

Analyst, Howard A. Rubel, said, "ESL reported Q3:12 EPS of $1.12 vs. our estimate of $1.11. Management narrowed the low end of its FY12 EPS guidance range to $4.90-$5.00 from $4.87-$5.00. Our FY12 and FY13 EPS estimates remain unchanged at $4.90 and $5.70, respectively."

For an analyst ratings summary and ratings history on Esterline Tech click here. For more ratings news on Esterline Tech click here.

Shares of Esterline Tech closed at $52.94 yesterday, with a 52 week range of $47.48-$76.86.


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