Goldman Sachs Starts Elster Group SE (ELT) at Neutral

November 23, 2010 7:22 AM EST Send to a Friend
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Price: $20.54 --0%

Rating Summary:
    7 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Goldman Sachs initiates coverage on Elster Group SE (NYSE: ELT) with a Neutral rating and $17 price target.

The firm is positive about the long-term potential for "Smart Grid" build-out, but views this as a 2012+ opportunity.

For more ratings news on Elster Group SE click here and for the rating history of Elster Group SE click here.

Shares of Elster Group SE closed at $15.90 yesterday, with a 52 week range of $13.50-$15.45.


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