Sterne Agee Maintains Buy Rating on Seacube

A report from Sterne Agee reiterates its Buy rating on Seacube Container Leasing

. The report states, “BOX was confident '12 would be another strong capex year given its view of continued high single digit container volume growth, combined with above average levels of replacement demand, which could be higher than the 4% annual historical average because the global container fleet is older than normal.” BOX closed Friday at $14.97.