Univar Presents Growth Strategy and Three- and Five-Year Financial Targets

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Univar (UNVR) PT Raised to $39 at Jefferies; Reiterates Buy

May 16, 2017 9:23 AM EDT

Jefferies raised its price target on Univar (NYSE: UNVR) to $39.00 (from $36.00) while maintaining a Buy rating.

UNVR has 2019 EBITDA pegged between $750-$800m compared with the consensus estimate of $736m. EPS is pegged between $2.00-$2.30 versus consensus of $1.82.

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