Berenberg Starts Mobile Mini (MINI) at Buy

September 19, 2018 6:28 AM EDT
Get Alerts MINI Hot Sheet
Price: $29.50 --0%

Rating Summary:
    4 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 22 | Down: 26 | New: 45
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Berenberg analyst Sam England initiates coverage on Mobile Mini (NASDAQ: MINI) with a Buy rating and a price target of $53.00.

The analyst comments "We like the company, given that it has a well invested fleet, rents to a diverse customer base, and has a broad geographic reach. As the business is benefitting from both structural growth in Storage Solutions and a cyclical recovery in Tank & Pump Solutions, we forecast an EPS CAGR of 18% 2018-20E."

For an analyst ratings summary and ratings history on Mobile Mini click here. For more ratings news on Mobile Mini click here.

Shares of Mobile Mini closed at $42.50 yesterday.

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