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Goldman Sachs issued a report on C.H. Robinson Worldwide (NDAQ:CHRW), upping its target price to $78.00 today

C.H. Robinson Worldwide (NDAQ:CHRW) had its target price raised to $78.00 by Goldman Sachs in a report released 11/13/2017. The new target price indicates a possible downside of -0.03% based on the company's last stock close price.

Previously on 11/02/2017, Cowen reported about C.H. Robinson Worldwide (NDAQ:CHRW) raised the target price from $87.00 to $88.00. At the time, this indicated a possible upside of 0.11%.

Yesterday C.H. Robinson Worldwide (NDAQ:CHRW) traded 0.23% higher at $80.43. The company’s 50-day moving average is $75.86 and its 200-day moving average is $70.87. The last stock close price is up 10.82% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,280,636 shares of the stock were exchanged, up from an average trading volume of 1,695,060

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C.H. Robinson Worldwide (NDAQ:CHRW)

C.H. Robinson Worldwide has a 52 week low of $63.41 and a 52 week high of $81.16 with a P/E ratio of 23.03 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its target price, a total of 25 firms have issued a report on the stock. The consensus target price is $76.44 with 7 firms rating the stock a strong buy, 5 firms rating the stock a buy, 15 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About C.H. Robinson Worldwide (NDAQ:CHRW)

C.H. Robinson Worldwide, Inc. is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company's segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate. The NAST segment provides freight transportation services across North America through a network of offices in the United States, Canada and Mexico. The primary services provided by Global Forwarding segment include ocean freight services, air freight services, and customs brokerage. The Robinson Fresh segment provides sourcing under the trade name Robinson Fresh. The All Other and Corporate segment primarily consists of Managed Services and Other Surface Transportation outside of North America. It develops global transportation and distribution networks to provide transportation and supply chain services throughout the world.

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