Nomura Securities Reiterates a 'Buy' on TAL International (TAL); More Bullish on Container Leasing in 2012

Nomura Securities reiterates a 'Buy' on TAL International (NYSE: TAL) price target raised from $43 to $46.

Analyst, Bill Carcache, said, "Our review of the latest market trends suggests that while supply and demand conditions are not as favorable as they were in 2011, they remain attractive. We expect container leasing companies that have invested heavily in their fleets to outperform as their core assets continue to enjoy high utilization. Our analysis suggests that Textainer Group Holdings (NYSE: TGH) and TAL shares offer the greatest value in financials, offering investors +6% ROAs, +25% ROEs, and +5% dividend yields all at a price below 10 times forward earnings."

For an analyst ratings summary and ratings history on TAL International click here. For more ratings news on TAL International click here.

Shares of TAL International closed at $37.22 yesterday.

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