Credit Suisse Starts Univar (UNVR) at Neutral

Credit Suisse initiates coverage on Univar (NYSE: UNVR) with a Neutral rating and a price target of $25.00.

Analyst J. Cook commented, "Univar, a Leading Player in Chemical Distribution: With $10B in annual sales, Univar is a leading global chemical distributor participating in a highly fragmented market. Establishing Estimates and TP: We derive a $25 target price. As we see 13% upside potential, we initiate coverage with a Neutral rating."

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

Shares of Univar closed at $22.13 yesterday.

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