Acme United’s Solid Growth Prospects for 2011
Based on the below information, we reiterate our buy recommendation for Acme United (ACU – $9.40). We calculated an earnings forecast of $3.10 million, or 1.00 dollar per share, for fiscal year 2011. Our price target is $14.53 per share, which is about 50% above today’s stock price. Acme United acquired The Pac-Kit Safety Equipment Company late February 2011, a […]
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