Market Overview

UPDATE: Stifel Downgrades Quality Distribution on Valuation & Energy Logistics Risk


In a report published Thursday, Stifel analyst John Larkin downgraded the rating on Quality Distribution (NASDAQ: QLTY) from Buy to Hold, and removed the $13.00 price target.

In the report, Stifel noted, “Downgrading from Buy to Hold as the company's shares appear fully and fairly valued. In fact, shares have actually traded through our 12-month fair value estimate of $13 (or 11.5x our 2015 EPS estimate of $1.15). Rating change is primarily valuation based as well as from our view that many transportation equities are trading ahead of the still mediocre underlying freight market fundamentals.”

Quality Distribution closed on Wednesday at $13.09.

Latest Ratings for QLTY

May 2015DowngradesBuyHold
May 2015DowngradesBuyHold
Nov 2014UpgradesHoldBuy

View More Analyst Ratings for QLTY
View the Latest Analyst Ratings

Posted-In: John Larkin StifelAnalyst Color Downgrades Analyst Ratings


Related Articles (QLTY)

View Comments and Join the Discussion!

Latest Ratings

VIACJP MorganReinstates50.0
NUVASVB LeerinkMaintains92.0
SRPTCantor FitzgeraldMaintains211.0
LULUGoldman SachsMaintains219.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
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
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

UPDATE: Stifel Reiterates on Bally Technologies as SHFL Combination is Still Not Fully Priced In

IBM Reports Industry-Specific Cloud Consulting Services