LabCorp (LH) Could Be Worth More than $100/Share in LBO

August 1, 2012 9:14 AM EDT Send to a Friend
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Price: $98.97 +1.32%

Rating Summary:
    4 Buy, 18 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Amid rumors Laboratory Corp. of America (NYSE: LH) is the target of a private equity bid, analysts at Piper Jaffray say the company could be worth north of $100 per shares. Analysts at Citi said essentially the same thing.

Shares of LH last traded at $94.89, up 12.8 percent.


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