Back to top

Bull of the Day

AMERCO, Inc. (UHAL) is the parent company of U-Haul International, the world's largest consumer truck rental company. 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.

Based on our estimates for the next four quarters' EBITDAL of $40 a share, we would expect a price range of $95 to $125. The stock has reached our low end target price and we continue to rank the stock Outperform.

Please login to Zacks.com or register to post a comment.