Jefferies Lifts Price Target On Textainer Group (TGH) to Following Q4
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Price: $49.99 --0%
Rating Summary:
0 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
0 Buy, 10 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Jefferies raised estimates and its price target on Textainer Group Holdings (NYSE: TGH) from $28 to $36 following solid Q4 results of $1.10 diluted EPS and $1.06 adjusted EPS, which excludes the impact of unrealized gains/losses on swaps.
The company also announced a 6% dividend increase and saw their utilization decline 90bps from 98.6% to 97.7%.
Jefferies raised their FY12 EPS target from $4.00 to $4.01.
For an analyst ratings summary and ratings history on Textainer Group Holdings click here. For more ratings news on Textainer Group Holdings click here.
Shares of Textainer Group Holdings closed at $32.31 yesterday.
The company also announced a 6% dividend increase and saw their utilization decline 90bps from 98.6% to 97.7%.
Jefferies raised their FY12 EPS target from $4.00 to $4.01.
For an analyst ratings summary and ratings history on Textainer Group Holdings click here. For more ratings news on Textainer Group Holdings click here.
Shares of Textainer Group Holdings closed at $32.31 yesterday.
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