Stifel Nicolaus announced Landstar System (NASDAQ:LSTR), boosting its price target to $79.00 earlier today
- Updated: February 11, 2017
Reporting a potential downside of -0.08%, Stifel Nicolaus upped the price target of Landstar System (NASDAQ:LSTR) to $79.00
On 2/03/2017, Cowen released a statement about Landstar System (NASDAQ:LSTR) upped the target price from $70.00 to $76.00 that suggested a downside of -0.09%.
Having a price of $85.95, Landstar System (NASDAQ:LSTR) traded 1.16% higher on the day. The last stock close price is up 14.45% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the date range. Landstar System has recorded a 50-day average of $84.96 and a two hundred day average of $75.97. Volume of trade was down over the average, with 279,121 shares of LSTR changing hands under the typical 403,835
With a total market value of $0, Landstar System has price-earnings ratio of 26.75 with a one year low of $57.02 and a one year high of $90.80 .
A total of 14 equity analysts have released a research note on LSTR. Three equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.18.
More About Landstar System (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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