In a report released yesterday, Jason Seidl from Cowen & Co. maintained a Hold rating on Landstar System Inc (LSTR), with a price target of $100. The company’s shares closed yesterday at $104.34.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 13.1% and a 67.4% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Knight Transportation.
Currently, the analyst consensus on Landstar System Inc is a Hold with an average price target of $114.
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Based on Landstar System Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $66.99 million. In comparison, last year the company had a net profit of $64.75 million.
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Landstar System, Inc.engages in the provision of transportation management solutions. It operates through the Transportation Logistics and Insurance segments.
