STEINER LEISURE (STNR) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of STEINER LEISURE (STNR) from NEUTRAL to UNDERPERFORM on October 30, 2012, with a target price of $42.80.

Steiner Leisure Limited is the leading worldwide provider of spa services and skin and hair care products on board cruise ships. The company strives to create a relaxing and therapeutic environment where customers can receive body and facial treatments and hair styling comparable in quality to the finest land-based spas and salons. Also, the company develops and markets premium priced, high quality personal care products that are sold primarily in connection with the services provide. The company operates four post-secondary schools offering degree and non-degree programs.

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