Interline Brands "outperform"

09/29/06 - Robert W. Baird

NEW YORK, September 29 (newratings.com) - Analysts at Robert W Baird maintain their "outperform" rating on Interline Brands Inc (IBI). The target price is set to $30.

In a research note published this morning, the analysts mention that the Amsan acquisition is likely to be accretive for Interline Brands in the near-term and result in potential synergies in 2008. The analysts believe that Interline Brands would be able to withstand a slowdown better than most of its peers. The company’s stock is likely to outperform the market over the forthcoming 12 months, Robert W Baird adds.