Cowen & Co. analyst Jason Seidl reiterated a Hold rating on Expeditors International (EXPD) today and set a price target of $79. The company’s shares opened today at $77.91, close to its 52-week high of $80.69.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 13.2% and a 68.1% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Echo Global Logistics, and Knight Transportation.
Currently, the analyst consensus on Expeditors International is a Hold with an average price target of $73, a -6.3% downside from current levels. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $72 price target.
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The company has a one-year high of $80.69 and a one-year low of $62.90. Currently, Expeditors International has an average volume of 1.11M.
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Expeditors International of Washington, Inc. engages in the provision of global logistics services. The firm offers airfreight, ocean freight and ocean, and customs brokerage and other services.
