UBS Maintains a 'Buy' on Lincare Holdings (LNCR); Continues to Execute on Strategy
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Price: $41.49 --0%
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
1 Buy, 4 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade LNCR Now!
UBS maintains a 'Buy' on Lincare Holdings (NASDAQ: LNCR) price target trimmed from $35 to $32.
UBS analyst says, "We believe LNCR’s 4Q11 results demonstrate its ongoing efforts to gain share while leveraging and diversifying its business model. In 4Q, LNCR spent ~$15 mil on a handful of acquisitions, mainly in its core respiratory area as the company consolidated markets using existing operations. LNCR also bought back $50 million in stock during 4Q ($250 mil total for 2011). We expect this strategy to persist, augmenting solid organic growth (~6% in 4Q) which is ~2x market rates due to LNCR’s national scale, differentiated referral network and service offering."
For an analyst ratings summary and ratings history on Lincare Holdings click here. For more ratings news on Lincare Holdings click here.
Shares of Lincare Holdings closed at $26.21 yesterday, with a 52 week range of $19.65-$31.79.
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UBS analyst says, "We believe LNCR’s 4Q11 results demonstrate its ongoing efforts to gain share while leveraging and diversifying its business model. In 4Q, LNCR spent ~$15 mil on a handful of acquisitions, mainly in its core respiratory area as the company consolidated markets using existing operations. LNCR also bought back $50 million in stock during 4Q ($250 mil total for 2011). We expect this strategy to persist, augmenting solid organic growth (~6% in 4Q) which is ~2x market rates due to LNCR’s national scale, differentiated referral network and service offering."
For an analyst ratings summary and ratings history on Lincare Holdings click here. For more ratings news on Lincare Holdings click here.
Shares of Lincare Holdings closed at $26.21 yesterday, with a 52 week range of $19.65-$31.79.
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