Benchmark Starts Susser Holdings Corporation (SUSS) at Buy; Store Growth from Favorable Demographics
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Price: $82.46 --0%
Rating Summary:
2 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 8 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Benchmark initiates coverage on Susser Holdings Corporation (NASDAQ: SUSS) with a Buy. PT $33.00.
Analyst, Ronald Bookbinder, said, "We contend that the shares have upside potential, given the Company’s growth and operating margin opportunities. We believe over the next couple years, Susser could continue to improve its store base, taking advantage of the current retail real estate market, which could
lead to years of revenue growth. Through new and improved systems, we expect the Company to continue to drive comps and expand operating margins. Given the solid balance sheet, profitability, and management’s consistent execution, we believe shares should trade at a higher multiple."
For an analyst ratings summary and ratings history on Susser Holdings Corporation click here. For more ratings news on Susser Holdings Corporation click here.
Shares of Susser Holdings Corporation closed at $26.09 yesterday.
Analyst, Ronald Bookbinder, said, "We contend that the shares have upside potential, given the Company’s growth and operating margin opportunities. We believe over the next couple years, Susser could continue to improve its store base, taking advantage of the current retail real estate market, which could
lead to years of revenue growth. Through new and improved systems, we expect the Company to continue to drive comps and expand operating margins. Given the solid balance sheet, profitability, and management’s consistent execution, we believe shares should trade at a higher multiple."
For an analyst ratings summary and ratings history on Susser Holdings Corporation click here. For more ratings news on Susser Holdings Corporation click here.
Shares of Susser Holdings Corporation closed at $26.09 yesterday.
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