Deutsche Bank raised the firm’s price target on WillScot Mobile Mini (WSC) to $53 from $51 and keeps a Buy rating on the shares. The analyst says the acquisition of McGrath RentCorp (MGRC) extends WillScot’s penetration and pricing story for several more years. The acquisition strategy carries limited risk given WillScot’s scale and technology platform that should allow for a seamless integration, the analyst tells investors in a research note.
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Read More on WSC:
- WillScot Mobile Mini Announces McGrath Merger Agreement
- WillScot Mobile Mini Signs Merger Deal with McGrath RentCorp
- ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of McGrath RentCorp
- WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8 Billion, Enhancing Its Position as the North American Leader in Turnkey Space Solutions
- WillScot Mobile Mini to acquire McGrath RentCorp for $3.8B
