Compass Point Maintains a 'Neutral' on NCR Corp. (NCR); Raising Estimates

July 13, 2012 8:44 AM EDT Send to a Friend
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Price: $34.30 -1.29%

Rating Summary:
    5 Buy, 2 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 24 | New: 21
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Compass Point maintains a 'Neutral' on NCR Corp. (NYSE: NCR) price target of $23.00.

Analyst, Douglas Greiner, said, "...we are revising our EPS estimates to $2.47 this year ($2.40 previously) and to $2.76 next year ($2.60 previously), reflecting stronger margin assumptions. Our $23 price target and Neutral rating are unchanged. Our $23 price target equals 9.3x this year's EPS. Heading into Q2 results, we anticipate a possible favorable pension adjustment or related commentary following the recent passage of the Transportation Bill."

For an analyst ratings summary and ratings history on NCR Corp. click here. For more ratings news on NCR Corp. click here.

Shares of NCR Corp. closed at $22.11 yesterday.




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