In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Hub Group (HUBG), with a price target of $54. The company’s shares closed yesterday at $41.57.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.8% and a 74.7% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
Hub Group has an analyst consensus of Moderate Buy, with a price target consensus of $51.60.
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Based on Hub Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $30.06 million. In comparison, last year the company had a net profit of $16.17 million.
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Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services.
