Landstar System Inc (LSTR) Receives a Hold from Cowen & Co.


In a report released today, Jason Seidl from Cowen & Co. maintained a Hold rating on Landstar System Inc (NASDAQ: LSTR), with a price target of $111. The company’s shares closed yesterday at $99.94.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 15.3% and a 69.4% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

Landstar System Inc has an analyst consensus of Hold, with a price target consensus of $117, representing a 17.1% upside. In a report issued on October 24, Oppenheimer also assigned a Hold rating to the stock.

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The company has a one-year high of $128.70 and a one-year low of $93.48. Currently, Landstar System Inc has an average volume of 360.5K.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Last month, Joseph Beacom, the VP, CSO, COO of LSTR sold 3,000 shares for a total of $358,530.

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.

Landstar System, Inc.engages in the provision of transportation management solutions. It operates through the Transportation Logistics and Insurance segments.

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