William Blair Assigns Market Perform On Shares Of Hub Group
In a research report issued today, William Blair analyst Nate Brochmann assigned a Market Perform rating on Hub Group (NASDAQ:HUBG). No price target was provided.
Brochmann observed, “We admit we may be a little overly conservative in our new estimates, but would rather reevaluate as the situation unfolds. At about $39, the stock trades at 20 times our new 2015 EPS estimate of $1.93, and we recommend staying on the sidelines until we see improvements in market share gains, service levels, and consistent profitability. “
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Nate Brochmann has a total average return of 4.0% and a 66.7% success rate. Brochmann is ranked #2107 out of 3343 analysts.