Dahlman Rose Starts Kirby Corporation (KEX) at Buy; Strong Player in Growing US Oil Market
Tweet
Share
E-mailGet Alerts KEX Hot Sheet
Price: $138.62 +0.78%
Rating Summary:
14 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
14 Buy, 8 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Dahlman Rose initiates coverage on Kirby Corporation (NYSE: KEX) with a Buy. PT $76.00.
Dahlman analyst says, "Kirby is the largest player in the US inland and coastal oil transport sector and is a growing provider of diesel engine servicing. We are quite optimistic on the outlook for these two segments in the coming years. Its transportation segment currently represents ~80% of operating income, while its engine servicing segment accounts for the remainder. We believe management's forward-thinking approach to its operation within these businesses will pay off handsomely for shareholders."
For an analyst ratings summary and ratings history on Kirby Corporation click here. For more ratings news on Kirby Corporation click here.
Shares of Kirby Corporation closed at $63.22 yesterday.
Dahlman analyst says, "Kirby is the largest player in the US inland and coastal oil transport sector and is a growing provider of diesel engine servicing. We are quite optimistic on the outlook for these two segments in the coming years. Its transportation segment currently represents ~80% of operating income, while its engine servicing segment accounts for the remainder. We believe management's forward-thinking approach to its operation within these businesses will pay off handsomely for shareholders."
For an analyst ratings summary and ratings history on Kirby Corporation click here. For more ratings news on Kirby Corporation click here.
Shares of Kirby Corporation closed at $63.22 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- Canaccord Starts Galiano Gold (GAU:CN) at Buy
- Evercore ISI Starts Alvotech SA (ALVO) at Outperform
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
