Radiant Logistics (RLGT) Receives a Rating Update from a Top Analyst
Cowen & Co. analyst Jason Seidl maintained a Buy rating on Radiant Logistics (RLGT) today and set a price target of $7. The company’s shares opened today at $6.45.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.2% and a 73.3% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
Currently, the analyst consensus on Radiant Logistics is a Moderate Buy with an average price target of $7.
See today’s analyst top recommended stocks >>
Based on Radiant Logistics’ latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $5.87 million. In comparison, last year the company had a net profit of $678K.
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.
Radiant Logistics, Inc. is a third-party logistics and multimodal transportation services company. Its services also include domestic and international freight forwarding services, truck, and rail brokerage services. It also offers customs brokerage, order fulfillment, inventory management, and warehousing services.