A statement released earlier today by Zacks Investment Research about Landstar System, Inc. (NASDAQ:LSTR) bumps the target price to $91.00
- Updated: November 30, 2016
Zacks Investment Research raised the target price of Landstar System, Inc. (NASDAQ:LSTR) to $91.00 indicating a possible upside of 0.12%.
Yesterday Landstar System, Inc. (NASDAQ:LSTR) traded 0.99% higher at $81.45. The company’s 50-day moving average is $73.81 and its 200-day moving average is $69.52. The last stock close price is up 17.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same period. Trade Volume was down over the average, with 0 shares of LSTR changing hands under the typical 393,383
Recent Performance Chart
Landstar System, Inc. has PE ratio of 25.52 with a 52 week low of $53.03 and a 52 week high of $83.00 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 14 brokers have issued a research note on the company. The average stock price target is $66.18 with three analysts rating the company a strong buy, zero analysts rating the company a buy, sixteen analysts rating the company a hold, two analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More About Landstar System, Inc. (NASDAQ:LSTR)
Landstar System, Inc. (Landstar) is an asset-light provider of integrated transportation management solutions. The Company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise solutions to manage customer's transportation needs. It operates in two segments: the Transportation Logistics segment and the Insurance segment. The Transportation Logistics segment provides a range of integrated transportation management solutions. Transportation services offered by it include truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul or specialized, the United States-Canada and the United States-Mexico cross-border, project cargo and customs brokerage. The insurance segment consists of Signature Insurance Company, which is an offshore insurance subsidiary, and Risk Management Claim Services, Inc.
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