UBS Starts Service Corp. Intl. (SCI) at Buy; Dominant Player in Death Care

July 3, 2012 12:53 PM EDT Send to a Friend
Get Alerts SCI Hot Sheet
Price: $17.25 -0.52%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
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UBS initiates coverage on Service Corp. Intl. (NYSE: SCI) with a Buy. PT $15.00.

Analyst, A.J. Rice, said, "With $2.3 billion in annual revenue, SCI represents approximately 13% of the death care industry. The death care industry is characterized by modest but predictable growth. SCI supplements its organic growth with tactical and strategic acquisitions. Operators enjoy high barriers to entry, substantial economies of scale, and limited local market competition. SCI has the broadest and most diversified network in the sector by a wide margin. Because of its size and breadth, SCI is able to leverage its scale and enjoy numerous cost efficiencies in its operations."

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

Shares of Service Corp. Intl. closed at $12.49 yesterday, with a 52 week range of $8.37-$12.59.


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