AMERCO, Inc. (UHAL) - Bull of the Day

By Zacks.com February 16, 2012, 12:00:01 AM EDT

AMERCO, Inc. ( UHAL ) is the parent company of U-Haul International, the largest consumer truck rental company in the world. It is also the second largest self-storage company in North America.

The impact of the decline in housing and a decrease in apartment occupancy rates appears to have ended. We expect continued improvements in operating parameters. Our recommendation continues as Outperform, with a price target of $110 a share.

The stock has usually been valued on EBITDAL (EBITDA plus lease expense) per share, selling between two and three times EBITDAL. Based on our estimates for the next four quarters EBITDAL of $40 a share, we would expect a price range of $95 to $125.
 
AMERCO INC ( UHAL ): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Investing Ideas, Stocks

Referenced Stocks: UHAL



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