Soleil Securities Downgrades Landauer (LDR) to Sell; Valuation Call
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Soleil Securities downgrades Landauer, Inc. (NYSE: LDR) from Hold to Sell. Price target $47.
Soleil analyst says, "We are maintaining our estimates at $2.72 per share for FY09 and $2.86 per share for FY10. Our Trading Sell recommendation is due solely to valuation, with the shares selling for 22.5 times our 12-month forward earnings estimate. Our 12-month price target remains $47 per share."
To see more analyst ratings on LDR Click Here.
Landauer, Inc., together with its subsidiaries, provides analytical services to determine occupational and environmental radiation exposure.
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