Gabelli Upgrades A. Schulman (SHLM) to Buy

January 25, 2013 9:37 AM EST
Get Alerts SHLM Hot Sheet
Price: $32.50 --0%

Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 12
Trade SHLM Now!
Join SI Premium – FREE
Gabelli upgraded A. Schulman (NASDAQ: SHLM) from Hold to Buy and raises FY’13 and ’14 EPS to $2.18 (from $2.15) and $2.45 (from $2.40), respectively.

The firm comments, "Current valuation does not fully reflect the potential from Schulman’s large European exposure, in our opinion. The company has a conservative balance sheet with trailing net debt of $116M and total debt of $223M or 1.7x EBITDA. "

For an analyst ratings summary and ratings history on A. Schulman click here. For more ratings news on A. Schulman click here.

Shares of A. Schulman closed at $30.97 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst EPS Change, Upgrades

Add Your Comment