Stifel announced Universal Logistics (NASDAQ:ULH), dropping its stock price target to $17.00 today
- Updated: October 4, 2016
Just yesterday Universal Logistics (NASDAQ:ULH) traded -0.60% lower at $13.22. Universal Logistics’s 50-day moving average is $13.44 and its 200-day moving average is $14.27. The last closing price is down -7.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,783 shares of ULH traded hands, down from an average trading volume of 13,637
In a report released on 10/05/2016 Stifel reduced the stock price target of Universal Logistics (NASDAQ:ULH) from $19.00 to $17.00 reporting a possible upside of 0.29%.
Previously on Thursday May 05, 2016, Stifel Nicolaus reported on Universal Logistics (NASDAQ:ULH) increased the target price from $0.00 to $17.00. At the time, this indicated a possible upside of 0.20%.
Recent Performance Chart
Universal Logistics has 52 week low of $11.12 and a 52 week high of $18.31 with a PE ratio of 10.77 and has a market capitalization of $0.
Also covering Universal Logistics's target, a total of 5 analysts have released a report on the company. The average stock price target is $19.40 with 1 brokerage rating the stock a strong buy, 1 broker rating the stock a buy, four equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokers rating the stock a sell.
General Information About Universal Logistics (NASDAQ:ULH)
Universal Logistics Holdings, Inc., formerly Universal Truckload Services, Inc., is an asset-light provider of transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment. The Company's operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents, company-managed terminals and specialized services operations. The Company's operations aggregated in the logistics segment delivers value-added services and transportation services to specific customers, pursuant to contract terms of approximately one year or longer. Other operating segments consist of the Company's subsidiaries that provide support services to other subsidiaries and to owner-operators, including shop maintenance and equipment leasing. The Company owns approximately 20 terminal yards and other properties.
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