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CAI International (NYSE:CAP)‘s stock had its “buy” rating reiterated by equities researchers at Sterne Agee in a research report issued on Wednesday. They currently have a $27.00 price objective on the stock, up from their previous price objective of $25.00. Sterne Agee’s price objective would suggest a potential upside of 31.39% from the company’s current price.

Separately, analysts at FBR Capital Markets reiterated an “outperform” rating on shares of CAI International in a research note on Monday. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. CAI International has a consensus rating of “Hold” and an average target price of $25.15.

CAI International (NYSE:CAP) traded down 5.40% on Wednesday, hitting $19.44. The stock had a trading volume of 241,788 shares. CAI International has a 1-year low of $19.32 and a 1-year high of $25.30. The stock has a 50-day moving average of $21.6 and a 200-day moving average of $22.38. The company has a market cap of $432.4 million and a P/E ratio of 7.50.

CAI International (NYSE:CAP) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.63 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.69 by $0.06. The company had revenue of $55.31 million for the quarter, compared to the consensus estimate of $56.50 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. On average, analysts predict that CAI International will post $2.86 earnings per share for the current fiscal year.

CAI International, Inc is a equipment leasing and management company, operating primarily in the international intermodal marine cargo container leasing business.

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