Herc Holdings (HRI) is Initiated by Jefferies to Hold, Price Target at $44

Herc Holdings (HRI) was Initiated by Jefferies to “Hold” and the brokerage firm has set the Price Target at $44. Jefferies advised their investors in a research report released on Nov 29, 2016.

On the company’s financial health, Herc Holdings reported $0.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.37 based on the information available during the earnings call on Nov 8, 2016. Analyst had a consensus of $0.48. The company had revenue of $403.60 million for the quarter, compared to analysts expectations of $412.55 million. The company’s revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.69 EPS.

Herc Holdings

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