Market Overview

UPDATE: Stifel Nicolaus Initiates American Railcar Industries with Hold; Valuation Fair

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Stifel Nicolaus initiated its coverage on American Railcar Industries (NASDAQ: ARII) with a Hold rating.

Stifel Nicolaus commented, "Our Hold rating is on the basis of valuation as we believe our fair value estimate does not provide adequate upside, over the coming year, to warrant a Buy rating. However, we believe the shares represent an attractive longer-term holding at current valuation levels and we believe the shares may benefit from equipment production related to the U.S. energy industry and covered hopper replacement."

American Railcar Industries closed at $24.37 on Wednesday.

Latest Ratings for ARII

DateFirmActionFromTo
Feb 2014Longbow ResearchDowngradesBuyNeutral
Nov 2013Raymond JamesDowngradesOutperformUnderperform
Nov 2013Standpoint ResearchDowngradesBuyHold

View More Analyst Ratings for ARII
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings

 

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