Canaccord Genuity Maintains a 'Hold' on Darling International (DAR); Grinding It Out
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Price: $65.74 -3.1%
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity maintains a 'Hold' on Darling International (NYSE: DAR) price target of $16.00.
Canaccord analyst, John Quealy, said, "We find management navigating well through near-term market softness, as operations remain relatively resilient. With the continued progress of the green diesel JV, we believe Darling should be positioned to capture the maximum value from its broadening feedstock base in 2013."
"New estimates: Our 2011 revenue estimate remains intact at $1.81B, while EPS
gets revised to $1.57 from $1.69. Our 2012 estimates go to $1.82B/$1.58 from
$1.83B/$1.75."
For an analyst ratings summary and ratings history on Darling International click here. For more ratings news on Darling International click here.
Shares of Darling International closed at $13.45 yesterday.
Canaccord analyst, John Quealy, said, "We find management navigating well through near-term market softness, as operations remain relatively resilient. With the continued progress of the green diesel JV, we believe Darling should be positioned to capture the maximum value from its broadening feedstock base in 2013."
"New estimates: Our 2011 revenue estimate remains intact at $1.81B, while EPS
gets revised to $1.57 from $1.69. Our 2012 estimates go to $1.82B/$1.58 from
$1.83B/$1.75."
For an analyst ratings summary and ratings history on Darling International click here. For more ratings news on Darling International click here.
Shares of Darling International closed at $13.45 yesterday.
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