KeyBanc Starts ABM Industries (ABM) at Hold; Mid to Late Cycle Play

March 19, 2012 1:42 PM EDT
Get Alerts ABM Hot Sheet
Price: $46.81 -0.62%

Rating Summary:
    5 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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KeyBanc initiates coverage on ABM Industries (NYSE: ABM) with a Hold.

KeyBanc analyst highlights include: 1) End Markets Suggest New
Opportunities; 2) FCF Supports Future Dividend Increases, Potential M&A; 3) Our View That Legacy ABM Is a Mid to Late Cycle Play with Fair Valuation Has Us on the Sidelines for Now."

For an analyst ratings summary and ratings history on ABM Industries click here. For more ratings news on ABM Industries click here.

Shares of ABM Industries closed at $23.52 yesterday.


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