Cowen & Co. analyst Jason Seidl maintained a Hold rating on Covenant Transportation Group (NASDAQ: CVTI) today and set a price target of $32. The company’s shares closed yesterday at $25.26, close to its 52-week low of $23.51.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.3% and a 69.4% success rate. Seidl covers the Services sector, focusing on stocks such as Expeditors International, Echo Global Logistics, and Knight Transportation.
Covenant Transportation Group has an analyst consensus of Hold, with a price target consensus of $35.50.
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Covenant Transportation Group’s market cap is currently $463.3M and has a P/E ratio of 6.81. The company has a Price to Book ratio of 1.48.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.
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Covenant Transportation Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Truckload and Managed Freight segments. The Truckload segment comprises of fleets that render truckload services.
