In a report released today, Bascome Majors from Susquehanna reiterated a Buy rating on CH Robinson (NASDAQ: CHRW), with a price target of $111. The company’s shares opened today at $95.47, close to its 52-week high of $100.18.
According to TipRanks.com, Majors is a 5-star analyst with an average return of 24.1% and a 83.3% success rate. Majors covers the Services sector, focusing on stocks such as Expeditors International, Echo Global Logistics, and Kansas City Southern.
Currently, the analyst consensus on CH Robinson is a Moderate Buy with an average price target of $97.13, implying a 1.7% upside from current levels. In a report released yesterday, Cowen & Co. also assigned a Buy rating to the stock with a $106 price target.
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The company has a one-year high of $100.18 and a one-year low of $64.93. Currently, CH Robinson has an average volume of 1.38M.
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C.H. Robinson Worldwide, Inc. engages in the provision of freight transportation services and logistics solutions. It operates through the following business segments: North American Surface Transportation, Global Forwarding and Robinson Fresh. The North American Surface Transportation segment provides freight transportation services across North America.
