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.
AMERCO INC (UHAL): Free Stock Analysis Report
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