.jpg "Echo Global Logistics (NASDAQ: ECHO)")
In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Echo Global Logistics (ECHO), with a price target of $35. The company’s shares opened today at $25.40.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.5% and a 76.2% 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 Echo Global Logistics is a Moderate Buy with an average price target of $28.25.
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Echo Global Logistics’ market cap is currently $699.2M and has a P/E ratio of 24.81. The company has a Price to Book ratio of 1.79.
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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.
