Canaccord Genuity Maintains a 'Hold' on Darling Int'l (DAR); Q4 Preview: Get Ready for Green Diesel

February 27, 2012 8:45 AM EST
Get Alerts DAR Hot Sheet
Price: $65.74 -3.1%

Rating Summary:
    22 Buy, 6 Hold, 0 Sell

Rating Trend: Up 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.

Analyst, John Quealy, said, "Q4 results are scheduled for release on February 29 after the close, with a call to follow the next day at 8:30am ET. We model sales/EPS of $440.0M/$0.35 vs. consensus of $425.7M/$0.33."

"We maintain our rating as management continues to adeptly navigate softness within the protein complex. Given resilient biodiesel market trends, the Street anticipates the completion of the Valero JV plant."

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 $16.46 yesterday.


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