Loading...
Loading...
According to Oppenheimer, RSC Holdings
RRR price target is lowered to $14.
Oppenheimer said that RRR is down on concerns of a tepid economic environment. “We're tempering our PT from $18 to $14 (6x 2012E EV/EBITDA of $595M vs. its 4-7x historical FTM range). We apply a conservative 5x FTM EV/EBITDA multiple to our 2014E EBITDA of $775M, discounted at 12%.”
RSC Holdings closed yesterday at $7.92.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in