Close

Janney Says Treehouse (THS) Target for Ralcorp (RAH); Combo to Draw ConAgra (CAG) Interest

October 3, 2012 4:39 PM EDT
Get Alerts RAH Hot Sheet
Price: $89.98 --0%

Rating Summary:
    2 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 11
Join SI Premium – FREE
Analysts at Janney think Ralcorp (NYSE: RAH) should considered buying TreeHouse (NYSE: THS).

According to analyst Jonathan Feeney, a deal would fetch approximately $70 per share. While Janney has no near-term indication about a pending deal, he thinks the deal would create for synergies worth 30c-35c.

In related M&A, ConAgra might be interested in buying a combined Ralcorp/Treehouse, says Feeney.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Rumors