Canaccord Genuity Reiterates a 'Buy' on China Kanghui Holdings (KH); Outperformance Across All Segments

March 20, 2012 8:28 AM EDT
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Price: $30.60 --0%

Rating Summary:
    5 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 6 | New: 26
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Canaccord Genuity reiterates a 'Buy' on China Kanghui Holdings (NYSE: KH) price target of $29.00.

Analyst, William Plovanic, said, "We reiterate our rating following strong Q4/11 results that demonstrated a significant outperformance across geographies and product segments. Additionally, the company has a robust pipeline with seven new product launches planned for 2012 across all product lines, including entrance into the total joint segment starting in Q2/12."

For an analyst ratings summary and ratings history on China Kanghui Holdings click here. For more ratings news on China Kanghui Holdings click here.

Shares of China Kanghui Holdings closed at $19.25 yesterday.


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