Cowen & Co. analyst Jason Seidl maintained a Hold rating on ArcBest Corporation (ARCB) today and set a price target of $42. The company’s shares opened today at $41.42.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 13.2% and a 67.4% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Knight Transportation.
The word on The Street in general, suggests a Hold analyst consensus rating for ArcBest Corporation with a $43.86 average price target, which is a 5.9% upside from current levels. In a report released today, Citigroup also maintained a Hold rating on the stock with a $45 price target.
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The company has a one-year high of $51.45 and a one-year low of $30.90. Currently, ArcBest Corporation has an average volume of 281K.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
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ArcBest Corp. is a holding company which engages in the provision of freight transportation services and solutions. It operates through the following business segments: Asset-Based, ArcBest, FleetNet, and Other and Eliminations.
