In a report issued on July 12, Allison Landry from Credit Suisse maintained a Hold rating on CH Robinson (NASDAQ: CHRW), with a price target of $82. The company’s shares closed yesterday at $86.74.
According to TipRanks.com, Landry is a 5-star analyst with an average return of 13.0% and a 68.3% success rate. Landry covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Landstar System Inc.
CH Robinson has an analyst consensus of Moderate Buy, with a price target consensus of $95, which is a 9.5% upside from current levels. In a report issued on July 11, J.P. Morgan also upgraded the stock to Hold with a $86 price target.
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Based on CH Robinson’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $142 million. In comparison, last year the company had a net profit of $111 million.
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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.
