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UPDATE: Stifel Nicolaus Initiates Henry Schein at Hold on Valuation

Related HSIC
Henry Schein Announces Extension Of Existing Credit Facilities
Earnings Scheduled For August 4, 2014

Stifel Nicolaus initiated coverage on Henry Schein (NASDAQ: HSIC) with a Hold rating.

Stifel Nicolaus commented, "Henry Schein's market share gains in N.A. dental and veterinary have outpaced that of Patterson, the company's biggest competitor. As a result, we believe Schein's premium valuation is well deserved. That said, for the stock to post 20% upside from current levels, Henry Schein would need to recapture a 20x NTM EPS multiple. The stock's peak multiple over the past three years is in the high teens."

Henry Schein closed at $82.23 on Wednesday.

Latest Ratings for HSIC

DateFirmActionFromTo
Aug 2014Credit SuisseMaintainsNeutral
Aug 2014Leerink SwannMaintainsMarket Perform
Nov 2013JefferiesMaintainsHold

View More Analyst Ratings for HSIC
View the Latest Analyst Ratings

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

 

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