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JPMorgan recorded JB Hunt Trans (NASDAQ:JBHT), bumping its price target to $107.00 earlier today

JPMorgan upped the price target of JB Hunt Trans (NASDAQ:JBHT) to $107.00 stating a potential upside of 0.27%.

Having a price of $84.25, JB Hunt Trans (NASDAQ:JBHT) traded 1.22% higher on the day. With the last close down 14.72% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same period. JB Hunt Trans has recorded a 50-day average of $104.46 and a two hundred day average of $94.03. Volume of trade was down over the average, with 26,532 shares of JBHT changing hands under the typical 931,683

Performance Chart

JB Hunt Trans (NASDAQ:JBHT)

With a total market value of $0, JB Hunt Trans has price-earnings ratio of 28.75 with a one year low of $76.89 and a one year high of $111.98 .

A total of 23 equity analysts have released a ratings update on JBHT. 0 firms rating the stock a strong buy, zero analysts rating the company a buy, zero analysts rating the stock a hold, 0 brokerages rating the stock a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $85.83.

General Company Details For JB Hunt Trans (NASDAQ:JBHT)

J.B. Hunt Transport Services, Inc. is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico. The JBI segment draws on the intermodal services of rail carriers for the underlying linehaul movement of its equipment between rail ramps. Its DCS segment focuses on private fleet conversion and creation in replenishment, specialized equipment and final-mile delivery services. Its ICS segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration. Its JBT segment offers full-load, dry-van freight, utilizing tractors operating over roads and highways.

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