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Hub Group Inc (NASDAQ:HUBG) has been downgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded Hub Group Inc (NASDAQ:HUBG) to Hold in a report released on 7/6/2017.

Previously on 07/05/2017, Zacks Investment Research reported on Hub Group Inc (NASDAQ:HUBG) increased the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.10%.

Just yesterday Hub Group Inc (NASDAQ:HUBG) traded 1.43% higher at $37.90. Hub Group Inc’s 50-day moving average is $37.28 and its 200-day moving average is $41.33. The last closing price is down -14.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 674,756 shares of HUBG traded hands, up from an average trading volume of 382,539

Recent Performance Chart

Hub Group Inc (NASDAQ:HUBG)

Hub Group Inc has 52 week low of $33.17 and a 52 week high of $52.50 with a PE ratio of 20.98 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 12 brokers have issued a research note on the company. The average stock price target is $40.33 with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 15 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Hub Group Inc (NASDAQ:HUBG)

Hub Group, Inc. is an asset-light freight transportation management company. The Company offers intermodal, truck brokerage and logistics services. It operates through two business segments: Mode and Hub. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through agents entering into contractual arrangements with Mode Transportation, LLC (Mode LLC). The Mode segment also operates a temperature protected services division. The Hub segment provides intermodal, truck brokerage and logistics services through a network of operating centers throughout the United States, Canada and Mexico. The Hub segment services customers in a range of industries, including consumer products, retail and durable goods. It operates through a network of operating centers and independent business owners. The Company also provides drayage services with its own drayage operations.

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