Jefferies Increases TXI EPS Estimates

Jefferies has increased their EPS estimates for Texas Industries TXI. According to the report, "Following better than expected Q3 results, we are increasing our EPS estimate for both this year and FY2012, but we still expect TXI to remain loss-making during this period. Our price target remains at $43 and as it is only in-line with the current share price we are maintaining a Hold rating on the shares." TXI has a Hold Rating and a $43.00 Price Target. TXI traded for $43.45 at closing yesterday.