In a report issued on July 15, Allison Landry from Credit Suisse maintained a Hold rating on Echo Global Logistics (ECHO), with a price target of $19.00. The company’s shares closed last Thursday at $26.11, close to its 52-week high of $26.77.
According to TipRanks.com, Landry is a 5-star analyst with an average return of 10.3% and a 65.6% success rate. Landry covers the Services sector, focusing on stocks such as Expeditors International, Knight Transportation, and Kansas City Southern.
Echo Global Logistics has an analyst consensus of Moderate Buy, with a price target consensus of $25.00, implying a -3.7% downside from current levels. In a report issued on July 6, Morgan Stanley also maintained a Hold rating on the stock with a $18.00 price target.
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The company has a one-year high of $26.77 and a one-year low of $14.17. Currently, Echo Global Logistics has an average volume of 233.9K.
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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. It also focuses on transportation with arrangements truckload and less than truck load carriers, and also offers small parcel, inter-modal, domestic air, expedited and international transportation services. The company was founded by Bradley A. Keywell and Eric P. Lefkofsky in January 2005 and is headquartered in Chicago, IL.
