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Enter Symbol:
 
Trueblue Inc (TBI) [hlAlert]

Rating:
Mkt Outperform
TBI
up 48.13 %

Trueblue Inc (TBI) rated Mkt Outperform with price target $22 by Avondale

Posted on: Tuesday,  Mar 29, 2011  12:25 PM ET by Avondale

Avondale rated Mkt Outperform Trueblue Inc (NYSE: TBI) on 03/29/2011, when the stock price was $16.08. Since
then, Trueblue Inc has gained 48.13% as of 01/13/2016's recent price of $23.82.
If you would have followed this Avondale's recommendation on TBI, you would have gained 48.13% of your investment in 1751 days.

TrueBlue, Inc. (TrueBlue) is a provider of temporary blue-collar staffing. the Company operates through brands, such as Labor Ready for on-demand, general labor services, Spartan Staffing for light industrial temporary services, CLP Resources (CLP), for skilled construction trade services, PlaneTechs, for skilled aviation services and Transportation Logistics Company (TLC) for professional truck drivers. The Company serves approximately 250,000 small to mid-sized businesses in the construction, warehousing, hospitality, landscaping, transportation, light manufacturing, retail, wholesale, facilities, sanitation, and aviation industries. In February 2008, the Company purchased TLC Services Group, Inc. In April 2008, it acquired Personnel Management, Inc. (PMI). During the fiscal year ended December 26, 2008 (fiscal 2008), the Company put approximately 500,000 people to work through its brands.

Avondale’s research analysts are charged with producing high quality, independent, value-added, and timely investment analysis / advice. The firm’s strategy is to deemphasize maintenance research, and instead direct the overwhelming majority of our efforts on developing well-constructed, actionable recommendations, in part by leveraging proprietary networks of industry contacts. Avondale’s growing research department now totals 25 professionals. Senior analysts average 14 years of industry experience and are routinely recognized by a variety of nationally known rating entities. In the last two years, Avondale Analysts were named to the Wall Street Journal’s Best on the Street poll as well as Forbes.com’s Top Analyst Rankings.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/29/2011 12:25 PM Buy
None
16.08 22.00
as of 12/30/2011
1 Week   
1 Month up  7.84 %
3 Months up  22.50 %
1 YTD down  -13.68 %

(*) Stock Price at the time of the recommendation.
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