Analyst Research Report Snapshot

Title:

Rocky Mountain Dealerships - Q3/13 results below expectation although Rocky succeeds in cutting its inventory

Price:

$81.00

Provider:

Cantor Fitzgerald Canada

Date:

14 Nov 2013

Pages:

8

Type:

AcrobatPDF

Companies referenced:

RME.TO

Available for Immediate Download
Summary:

On Tuesday night, Rocky Mountain Dealerships released third quarter results and subsequently hosted a conference call yesterday. A replay can be accessed by dialing 1-855-859-2056 (toll free) or 1-416-849-0833, passcode: 75494263. Results were below expectations as the company focused on reducing used equipment inventory. We maintain our HOLD recommendation and $12.50 target price.

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