Canaccord Genuity Maintains a 'Hold' on Darling International (DAR); Updating Estimates; Risk/Reward Balanced
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Price: $67.84 +1.34%
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
22 Buy, 6 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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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, as Street (qualitative) expectations begin to fully assume a successful launch of the Diamond Green Diesel plant in H1/13. While stable commodity dynamics are net neutral for shares, we find risk/reward balanced into late ’12...Our 2012 revenue/EPS estimates go to $1.67B/$1.25 from $1.80B/$1.53, while 2013 estimates go to $1.71B/$1.43 from $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 $15.31 yesterday.
Analyst, John Quealy, said, "We maintain our rating, as Street (qualitative) expectations begin to fully assume a successful launch of the Diamond Green Diesel plant in H1/13. While stable commodity dynamics are net neutral for shares, we find risk/reward balanced into late ’12...Our 2012 revenue/EPS estimates go to $1.67B/$1.25 from $1.80B/$1.53, while 2013 estimates go to $1.71B/$1.43 from $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 $15.31 yesterday.
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