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02/05/07 - Goodbody Stockbrokers

NEW YORK, February 5 (newratings.com) - Analyst Ian Hunter of Goodbody Stockbrokers maintains his "add" rating on Icon Plc (ICLR).

In a research note published this morning, the analyst mentions that the company is close to the completion of the sale and leaseback of its newly-built headquarters and related buildings in Dublin. The analyst says that the entire development is likely to be sold for approximately €80 million. Further details of the deal and how it will be accounted for are expected to be disclosed when the 4Q06 results are released on February 13, Goodbody Stockbrokers adds.