Market Overview

UPDATE: Jefferies & Company Reiterates Hold Rating, Raises PT on United Stationers

Related USTR
Worst Performing Industries For March 5, 2015
Worst Performing Industries For February 18, 2015

In a report published Wednesday, Jefferies & Company reiterated its Hold rating on United Stationers (NASDAQ: USTR), and raised its price target from $29.00 to $31.00.

Jefferies noted, “We like the announced strategic and accretive acquisition of O.K.I. Supply, which focuses on the higher growth and higher profit industrial business. 3Q EPS of $0.91 beat the Street, but sales came in light at -1.6% (flat on same day basis) as growth categories moderated and core office related segments remained soft. Although sales trends are a concern, we believe this is already reflected in the valuation here.”

United Stationers closed on Tuesday at $29.35.

Latest Ratings for USTR

Apr 2015JefferiesMaintainsHold
Jun 2014JefferiesMaintainsHold
Aug 2013WunderlichDowngradesBuyHold

View More Analyst Ratings for USTR
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings


Related Articles (USTR)

View Comments and Join the Discussion!

Latest Ratings

AMTDMorgan StanleyUpgrades65.0
APOMorgan StanleyDowngrades34.0
CGMorgan StanleyDowngrades23.0
EIXEdward JonesDowngrades0.0
View the Latest Analytics Ratings
Don't Miss Out!
Join Our Newsletter
Subscribe to:
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
Your weekly roundup of hot topics in the exciting world of fintech.
Thank You
for registering for Benzinga’s newsletters and alerts.
• The Daily Analysts Ratings email will be received daily between 7am and 10am.
• The Market in 5 Minutes email will be received daily between 7am and 8am.
• The Fintech Focus email will be received every Friday between 2pm and 5pm.

UPDATE: Jefferies & Company Reiterates Hold Rating, Lowers PT on Reynolds American

Stocks Hitting 52-Week Highs