risparmier
Forumer storico
December 5, 2008 7:51 AM EST
Citi initiates coverage on Burger King Holdings, Inc. (NYSE: BKC) with a Buy. Price target $26.
Citi analyst says, "BKC continues to make solid progression on its domestic turnaround. Initiatives centered on menu innovation, remodels, and extended hours can continue to drive positive SSS long term. This, combined with positive unit growth should drive positive top-line growth in the long run. We
estimate U.S. SSS of 1% in F2Q, due to macro concerns and lapping successful Whopper Freakout campaign, though this appears to be priced in...We believe the current risk/reward is attractive for Burger King. The shares appear to be pricing in an earnings miss for the company. If Burger King were to simply meet consensus expectations in the near-term we would expect the multiple to expand."
http://www.streetinsider.com/New+Co...r+King+Holdings+(BKC)+with+a+Buy/4216725.html
Citigroup ha avviato oggi la copertura su Burger King (US1212082010) con "Buy" ed un target sul prezzo a $26. La banca d'affari crede che i rischi di breve termine siano ormai in gran parte scontati nel titolo. Le prospettive di medio-lungo termine di Burger King sarebbero promettenti. Secondo Citigroup il processo di ristrutturazione della catena di fast food starebbe facendo infatti dei veloci progressi negli USA.
http://www.borsainside.com/mercati_usa/dicembre_2008/20081205_burger_citi.shtm
Citi initiates coverage on Burger King Holdings, Inc. (NYSE: BKC) with a Buy. Price target $26.
Citi analyst says, "BKC continues to make solid progression on its domestic turnaround. Initiatives centered on menu innovation, remodels, and extended hours can continue to drive positive SSS long term. This, combined with positive unit growth should drive positive top-line growth in the long run. We
estimate U.S. SSS of 1% in F2Q, due to macro concerns and lapping successful Whopper Freakout campaign, though this appears to be priced in...We believe the current risk/reward is attractive for Burger King. The shares appear to be pricing in an earnings miss for the company. If Burger King were to simply meet consensus expectations in the near-term we would expect the multiple to expand."
http://www.streetinsider.com/New+Co...r+King+Holdings+(BKC)+with+a+Buy/4216725.html
Citigroup ha avviato oggi la copertura su Burger King (US1212082010) con "Buy" ed un target sul prezzo a $26. La banca d'affari crede che i rischi di breve termine siano ormai in gran parte scontati nel titolo. Le prospettive di medio-lungo termine di Burger King sarebbero promettenti. Secondo Citigroup il processo di ristrutturazione della catena di fast food starebbe facendo infatti dei veloci progressi negli USA.
http://www.borsainside.com/mercati_usa/dicembre_2008/20081205_burger_citi.shtm
