Cowen & Co. analyst Jason Seidl maintained a Buy rating on Hub Group (HUBG) today and set a price target of $55. The company’s shares closed yesterday at $41.45.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 14.9% and a 74.6% 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 Hub Group is a Moderate Buy with an average price target of $50.
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Based on Hub Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $29.22 million. In comparison, last year the company had a net profit of $22.05 million.
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Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services.
