Barclays Maintains an 'Overweight' on TreeHouse Foods (THS); Small Acquisitions to Payoff Long-Term
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Price: $24.43 --0%
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
11 Buy, 13 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Overweight' on TreeHouse Foods (NYSE: THS) price target raised from $58 to $62.
Analyst, Andrew Lazard, believes TreeHouse' strategy to acquire small, bolt-on transactions, instead of acquiring a large corporation, has become more of an industry norm. Lazard sees small acquisitions taking up almost as much time and effort as larger ones, but appreciates THS's tactics, using less capital and risk, but still generating accretive returns over the long haul.
NOTE - TreeHouse reported Q1 earnings yesterday, topping estimates, and reaffirmed outlook. Barclays maintains FY12 EPS estimate at $3.05, and slightly lowers FY13 from $3.43 to $3.40.
For an analyst ratings summary and ratings history on TreeHouse Foods click here. For more ratings news on TreeHouse Foods click here.
Shares of TreeHouse Foods closed at $55.50 yesterday.
Analyst, Andrew Lazard, believes TreeHouse' strategy to acquire small, bolt-on transactions, instead of acquiring a large corporation, has become more of an industry norm. Lazard sees small acquisitions taking up almost as much time and effort as larger ones, but appreciates THS's tactics, using less capital and risk, but still generating accretive returns over the long haul.
NOTE - TreeHouse reported Q1 earnings yesterday, topping estimates, and reaffirmed outlook. Barclays maintains FY12 EPS estimate at $3.05, and slightly lowers FY13 from $3.43 to $3.40.
For an analyst ratings summary and ratings history on TreeHouse Foods click here. For more ratings news on TreeHouse Foods click here.
Shares of TreeHouse Foods closed at $55.50 yesterday.
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