CH Robinson (CHRW) Receives a Sell from Credit Suisse


Credit Suisse analyst Allison Landry maintained a Sell rating on CH Robinson (CHRW) today and set a price target of $93.00. The company’s shares closed last Wednesday at $92.43.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 16.7% and a 69.3% success rate. Landry covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Expeditors International, and Old Dominion Freight.

The word on The Street in general, suggests a Hold analyst consensus rating for CH Robinson with a $95.38 average price target, a 1.6% upside from current levels. In a report issued on April 14, Wells Fargo also maintained a Sell rating on the stock with a $93.00 price target.

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CH Robinson’s market cap is currently $12.67B and has a P/E ratio of 26.40. The company has a Price to Book ratio of 58.71.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CHRW in relation to earlier this year.

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.

C.H. Robinson Worldwide, Inc. engages in the provision of freight transportation services and logistics solutions. It operates through the following three segments: North American Surface Transportation and Global Forwarding. The North American Surface Transportation segment provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The Global Forwarding segment provides global logistics services through an international network of offices in North America, Europe, Asia, Australia, New Zealand, and South America. The company was founded by Charles Henry Robinson in 1905 and is headquartered in Eden Prairie, MN.

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