Tennant Co V.TNC

Primary Symbol: TNC

Industrials Diversified Industrials

Tennant Company is engaged in designing, manufacturing and marketing solutions. The Company’s products include floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including factories and warehouses, distribution centers, office buildings, public venues, such as arenas and stadiums, schools and universities, hospitals and clinics, and more. The Company markets its offerings under various brands: Tennant, Nobles, Alfa Uma Empresa Tennant, IPC, Gaomei and Rongen brands as well as private-label brands. The Company has approximately 11 global manufacturing locations and operates in three geographic areas including the Americas, Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC).

NYSE:TNC - Post by User

Tennant Co > Cantor Fitzgerald Initiates Coverage: $2 Price Target

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Post by kulewateron Mar 17, 2015 10:34am

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Post# 23529227

Cantor Fitzgerald Initiates Coverage: $2 Price Target

"We are initiating coverage of TIO Networks with a BUY recommendation and a DCF-based one-year price target of $2.00 per share. TIO currently trades at a C2016 EV/Sales of 1.5x and EV/EBITDA of 12.3x vs its Global Payment Services comparables at an average of 3.0x and 10.0x, respectively."

Just some of my DD.

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