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AMERCO (UHAL)
AMERCO (UHAL - Analyst Report) 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.
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The impact of the decline in housing and a decrease in apartment occupancy rates appears to have ended. Third quarter transactions improved as the quarter progressed.
Based on a low valuation of EBITDAL and discounting the aforesaid factors, we continue to rate the stock Outperform with a price target of $60.00 a share.
AMERCO (UHAL) : FULL ANALYST REPORT
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| Market Summary | Feb 10, 2010 00:27 am ET |
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