Canaccord Genuity Maintains a 'Hold' on Darling International (DAR); Potential for Improvements Through 2012

March 2, 2012 9:37 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, "We maintain our rating while we see the potential for improving fundamentals moving through ’12. Additionally, the Street likely increases its focus on Diamond Green Diesel plant economics as that plant progresses toward completion in late ‘12/early ’13...Our 2012 revenue/EPS estimates go to $1.80B/$1.53 from $1.82B/$1.58. We introduce 2013 estimates at $1.92B/$1.82 (excluding any Diamond Green Diesel contribution)."

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 $17.18 yesterday.


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