Essendant Inc (NASDAQ:ESND) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Having a price of $19.74, Essendant Inc (NASDAQ:ESND) traded 0.36% higher on the day. With the last close down -28.50% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Essendant Inc has recorded a 50-day average of $19.41 and a two hundred day average of $27.61. Volume of trade was down over the average, with 182,292 shares of ESND changing hands under the typical 282,223
Zacks Investment Research has upgraded Essendant Inc (NASDAQ:ESND) to Hold in a statement released on 9/21/2016.
With a total market value of $0, Essendant Inc has with a one year low of $18.56 and a one year high of $36.96 .
A total of 3 analysts have released a report on Essendant Inc. One analyst rating the company a strong buy, zero analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $40.67.
More About Essendant Inc (NASDAQ:ESND)
Essendant Inc. (Essendant), formerly United Stationers Inc., is a wholesale distributor of workplace items. The Company stocks an assortment of over 180,000 products in categories, including janitorial and breakroom supplies, technology products, traditional office products, industrial supplies, office furniture, and automotive aftermarket tools and equipment. The Company has four operating segments: Business and Facility Essentials, ORS Industrial, CPO Commerce, Inc. (CPO) and Automotive. Business and Facility Essentials also included operations in Mexico conducted through a subsidiary, Azerty de Mexico. It offers private brand products within each of its product categories, which include Innovera technology products, Universal office products, Windsoft paper products, Boardwalk and UniSan janitorial and sanitation products, Alera office furniture and Anchor Brand and Best Welds welding, industrial, safety and oil field pipeline products.
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