.png "JB Hunt (NASDAQ: JBHT)")
Stifel Nicolaus analyst David Ross maintained a Hold rating on JB Hunt (JBHT) today and set a price target of $107. The company’s shares closed yesterday at $105.50.
According to TipRanks.com, Ross is a 2-star analyst with an average return of 0.3% and a 57.7% success rate. Ross covers the Services sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Atlas Air.
Currently, the analyst consensus on JB Hunt is a Hold with an average price target of $115.20, a 9.2% upside from current levels. In a report released today, Citigroup also maintained a Hold rating on the stock with a $110 price target.
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Based on JB Hunt’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $88.68 million. In comparison, last year the company had a net profit of $118 million.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock.
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J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers.
