.jpg "Cowen & Co. Thinks Radiant Logistics")
In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Radiant Logistics (NYSE MKT: RLGT), with a price target of $5. The company’s shares closed yesterday at $3.77, close to its 52-week low of $3.46.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 16.7% and a 71.8% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
Radiant Logistics has an analyst consensus of Moderate Buy, with a price target consensus of $5.
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Radiant Logistics’ market cap is currently $185.8M and has a P/E ratio of 53.86. The company has a Price to Book ratio of 1.45.
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Radiant Logistics, Inc. is a third-party logistics and multimodal transportation services company. It operates through the United States and Canada geographical segments. The firm provides domestic and international freight forwarding services, truck, and rail brokerage services.
