Wells Fargo Starts Ralcorp Holdings Inc. (RAH) at Market Perform; Taking A Spin On Private Label
Get Alerts RAH Hot Sheet
Price: $89.98 --0%
Rating Summary:
2 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 17 | New: 4
Rating Summary:
2 Buy, 6 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 17 | New: 4
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Wells Fargo initiates coverage on Ralcorp Holdings Inc. (NYSE: RAH) with a Market Perform. PT range $96-$100.
Wells analyst says, "We expect earnings estimates and Ralcorp's valuation multiples to increase as the company refocuses upon its core competencies of acquiring, integrating, and operating private label food businesses following the planned spinoff of the struggling Post-branded cereal division around the end of January 2012. We believe that Ralcorp's experienced management team, solid balance sheet, and strong free cash flow generation position the company to lead the consolidation of the private label food industry over the next several years."
For an analyst ratings summary and ratings history on Ralcorp Holdings Inc. click here. For more ratings news on Ralcorp Holdings Inc. click here.
Shares of Ralcorp Holdings Inc. closed at $85.46 yesterday.
Wells analyst says, "We expect earnings estimates and Ralcorp's valuation multiples to increase as the company refocuses upon its core competencies of acquiring, integrating, and operating private label food businesses following the planned spinoff of the struggling Post-branded cereal division around the end of January 2012. We believe that Ralcorp's experienced management team, solid balance sheet, and strong free cash flow generation position the company to lead the consolidation of the private label food industry over the next several years."
For an analyst ratings summary and ratings history on Ralcorp Holdings Inc. click here. For more ratings news on Ralcorp Holdings Inc. click here.
Shares of Ralcorp Holdings Inc. closed at $85.46 yesterday.
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