In a report released today, Jason Seidl from Cowen & Co. maintained a Buy rating on Echo Global Logistics (ECHO), with a price target of $30. The company’s shares closed yesterday at $19.92, close to its 52-week low of $18.83.
According to TipRanks.com, Seidl is a top 100 analyst with an average return of 14.7% and a 71.2% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Knight Transportation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Echo Global Logistics with a $25 average price target.
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The company has a one-year high of $36.75 and a one-year low of $18.83. Currently, Echo Global Logistics has an average volume of 268.9K.
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Echo Global Logistics, Inc. engages in the provision of technology enabled transportation and supply chain management services, delivered on a proprietary technology platform serving the transportation and logistics needs of its clients.
