JB Hunt (JBHT) Receives a Rating Update from a Top Analyst


Cowen & Co. analyst Jason Seidl maintained a Hold rating on JB Hunt (NASDAQ: JBHT) today and set a price target of $129. The company’s shares opened today at $113.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.8% and a 72.6% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $134.67, implying a 19.2% upside from current levels. In a report issued on October 9, Citigroup also maintained a Hold rating on the stock with a $125 price target.

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JB Hunt’s market cap is currently $12.2B and has a P/E ratio of 16.33. The company has a Price to Book ratio of 6.00.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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