Cowen & Co. analyst Jason Seidl maintained a Hold rating on Landstar System (LSTR) today and set a price target of $114.00. The company’s shares closed last Monday at $110.53.
According to TipRanks.com, Seidl is a 5-star analyst with an average return of 14.5% and a 69.1% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.
The word on The Street in general, suggests a Hold analyst consensus rating for Landstar System with a $111.00 average price target, which is a 0.7% upside from current levels. In a report released today, Oppenheimer also maintained a Hold rating on the stock.
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Landstar System’s market cap is currently $4.39B and has a P/E ratio of 18.14. The company has a Price to Book ratio of 5.81.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSTR in relation to earlier this year.
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Landstar System, Inc.engages in the provision of transportation management solutions. It operates through the Transportation Logistics and Insurance segments.
