Brean Murray Carret & Co. Assumes Coverage on Chesapeake Utilities (CPK) at Hold
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Price: $132.71 -0.44%
Rating Summary:
6 Buy, 7 Hold, 0 Sell
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Rating Summary:
6 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 3
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Brean Murray Carret & Co. assumes coverage on Chesapeake Utilities (NYSE: CPK) with a Hold.
Brean analyst says, "While we remain optimistic of the company's forward prospects, we are assuming coverage with a Hold rating due to valuation. We recommend investors wait to find a more attractive entrance point before adding to/taking new positions in the name."
For more ratings news on Chesapeake Utilities click here and for the rating history of Chesapeake Utilities click here.
Shares of Chesapeake Utilities closed at $40.14 yesterday.
Brean analyst says, "While we remain optimistic of the company's forward prospects, we are assuming coverage with a Hold rating due to valuation. We recommend investors wait to find a more attractive entrance point before adding to/taking new positions in the name."
For more ratings news on Chesapeake Utilities click here and for the rating history of Chesapeake Utilities click here.
Shares of Chesapeake Utilities closed at $40.14 yesterday.
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