Hilliard Lyons Reiterates Long Term Buy Rating On VIVO

Hilliard Lyons reiterated its "long term buy" rating on Meridian Bioscience Inc. (NASDAQ: VIVO). It estimates VIVO's 2010 EPS at $0.97 and if the company sustains its growth, Hilliard Lyons thinks that Meridian Bioscience's EPS will reach $1.10 in two or three years. Therefore, Hilliard Lyons has a price target of $27 per share.

Hilliard Lyons sees VIVO as reasonably priced company that has a strong financial position and an attractive dividend yield of about 3%.

VIVO's fourth fiscal quarter revenue increased 16% to $42.5M due to emergence of the swine flue. Meridian Bioscience Inc. (VIVO) dropped 1.53% today and closed at $22.50.


There are 1 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.

Some pertinent points in

Some pertinent points in there. I don’t agree with all you have said but the majority of it makes perfect sense...

Post new comment

The content of this field is kept private and will not be shown publicly.