A statement released earlier today by Stifel about C.H. Robinson (NASDAQ:CHRW) ups the target price to $75.00
- Updated: November 27, 2016
Reporting a potential upside of 0.01%, Stifel upped the price target of C.H. Robinson (NASDAQ:CHRW) to $75.00
Boasting a price of $74.37, C.H. Robinson (NASDAQ:CHRW) traded 0.24% higher on the day. With the last stock price close up 4.49% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. C.H. Robinson has recorded a 50-day average of $70.74 and a two hundred day average of $71.11. Volume of trade was down over the average, with 705,345 shares of CHRW changing hands under the typical 1,453,350
With a total market value of $0, C.H. Robinson has price-earnings ratio of 20.58 with a one year low of $59.71 and a one year high of $76.10 .
A total of 25 equity analysts have released a research note on CHRW. Seven equity analysts rating the company a strong buy, five equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $76.44.
General Information About C.H. Robinson (NASDAQ:CHRW)
C.H. Robinson Worldwide, Inc. (C.H. Robinson) is a third-party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. C.H. Robinson has handled approximately 16.9 million shipments, and worked with over 110,000 active customers. It operates through a network of offices in North America, Europe, Asia and South America. The Company also has developed global transportation and distribution networks to provide transportation and supply chain services across the world. In addition to transportation, the Company provides sourcing services (Sourcing) through Robinson Fresh (Robinson Fresh). The Company's network of contracted transportation providers includes contract motor carriers, railroads, air freight carriers and ocean carriers. The Company's sourcing business involves the buying, selling and marketing of fresh fruits, vegetables and other perishable items.
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