Cai International (CAI) Gets a Sell Rating from Wells Fargo

By Jason Carr

Wells Fargo analyst Elyse Greenspan maintained a Sell rating on Cai International (CAIResearch Report) today. The company’s shares closed last Monday at $21.96.

According to TipRanks.com, Greenspan is a 4-star analyst with an average return of 5.2% and a 62.6% success rate. Greenspan covers the Financial sector, focusing on stocks such as American International Group, Marsh & Mclennan Companies, and Renaissancere Holdings Ltd.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Cai International.

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Based on Cai International’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $9.34 million. In comparison, last year the company had a net profit of $21.75 million.

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CAI International, Inc. is a transportation finance and logistics company, which engages in the provision of intermodal shipping containers and railcars for rentals. It operates through the following segments: Container Leasing, Rail Leasing, and Logistics.