Cowen & Co. analyst Jason Seidl maintained a Buy rating on Echo Global Logistics (ECHO) today and set a price target of $35. The company’s shares closed yesterday at $24.24.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 13.4% and a 67.6% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Knight Transportation, and Kansas City Southern.
Echo Global Logistics has an analyst consensus of Strong Buy, with a price target consensus of $30.20, representing a 24.6% upside. In a report issued on February 5, Barrington also maintained a Buy rating on the stock with a $33 price target.
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The company has a one-year high of $36.75 and a one-year low of $18.83. Currently, Echo Global Logistics has an average volume of 239.8K.
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Echo Global Logistics, Inc. engages in the provision of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform serving the transportation and logistics needs of its clients.
