It is Time to Buy CAI International (CAI), Compass Point Says. Stock May Be Worth $36

April 25, 2018 - By Linda Rogers

CAI International, Inc. (NYSE:CAI) Logo

Why Has Compass Point Given CAI International (CAI) a $36 Price Target

Compass Point initiated its coverage for CAI International (CAI), this morning Tuesday, 24 April. The broker found the stock of CAI quite attractive and now has a target price per share of $36 with a key Buy rating.

CAI International, Inc. (NYSE:CAI) Ratings Coverage

Among 3 analysts covering CAI International (CAI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. CAI International had 3 analyst reports since February 14, 2018 according to SRatingsIntel. The stock of CAI International, Inc. (NYSE:CAI) has “Outperform” rating given on Wednesday, February 14 by Wells Fargo. The firm earned “Buy” rating on Monday, April 23 by Compass Point. On Thursday, February 15 the stock rating was maintained by Cowen & Co with “Buy”.

The stock decreased 1.41% or $0.3 during the last trading session, reaching $21.05. About 54,515 shares traded. CAI International, Inc. (CAI) has risen 37.07% since April 25, 2017 and is uptrending. It has outperformed by 25.52% the S&P500.

CAI International, Inc. operates as transportation finance and logistics firm in the United States and internationally. The company has market cap of $431.37 million. The firm operates through three divisions: Container Leasing, Rail Leasing, and Logistics. It has a 5.72 P/E ratio. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment.

CAI International, Inc. (NYSE:CAI) Institutional Positions Chart

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