Wells Fargo Starts Dollar Financial (DLLR) at Outperform; Most Diversified Company In AFS Universe

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December 16, 2011 8:16 AM EST
Get Alerts DLLR Hot Sheet
Price: $9.51 --0%

Rating Summary:
    4 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
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Wells Fargo initiates coverage on Dollar Financial (NASDAQ: DLLR) with an Outperform. PT range $22-$26.

Wells analyst says, "DLLR is a widely diversified consumer finance company focused on providing consumer loan and pawn services for the underbanked customer segment in the U.S. and European markets. We believe DLLR is the most diversified player in our alternative financial services (AFS) universe. Moreover, we believe the valuation of the shares does not adequately reflect the company's growth prospects. We are modeling FY2012-13 EPS of $2.03/2.39 respectively."

For an analyst ratings summary and ratings history on Dollar Financial click here. For more ratings news on Dollar Financial click here.

Shares of Dollar Financial closed at $17.52 yesterday.

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