Dahlman Rose Maintains Hold on Kansas City Southern (KSU)

Dahlman Rose is out with its report today on Kansas City Southern KSU, maintaining Hold. In a note to clients, Dahlman Rose writes, "In light of the largely in-line results, we are maintaining our 2011 and 2012 EPS estimates of $2.70 and $3.20, respectively. Given its solid fundamentals and exposure to the promising Mexico markets, we believe KSU continues to offer good value for long-term investors. While we are maintaining our Hold rating, we would not be opposed to reconsider if the shares were to pull back somewhat. Shares currently trade at 16.6x our 2012 EPS of $3.20 vs the Class I group average of 11x (excluding KSU)." At the time of posting, shares of KSU were trading at $53.41, up 0.77% from Thursday's close.