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Stifel Nicolaus disclosed Knight Transportation (NYSE:KNX), hiking its price target to $29.00 earlier today

Having a price of $32.65, Knight Transportation (NYSE:KNX) traded 3.52% higher on the day. With the last close up 8.47% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.06% over the same period. KNX has recorded a 50-day average of $33.29 and a two hundred day average of $31.16. Trade Volume was down over the average, with 787,601 shares of KNX changing hands under the typical 991,456

Reporting a potential downside of -0.11%, Stifel Nicolaus upped the price target of Knight Transportation (NYSE:KNX) to $29.00

Recent Performance Chart

Knight Transportation (NYSE:KNX)

Knight Transportation has PE ratio of 29.14 with a one year low of $23.77 and a one year high of $38.80 and has a market capitalization of $0.

A total of 17 analysts have released a report on Knight Transportation. Two analysts rating the company a strong buy, four analysts rating the company a buy, sixteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $26.24.

General Company Details For Knight Transportation (NYSE:KNX)

Knight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. The Company operates primarily in the United States with minor operations in Canada and Mexico. The Company's Trucking segment consists of approximately three operating units: dry van truckload (Dry Van); temperature-controlled truckload (Refrigerated) and drayage services (Drayage). The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of approximately two operating units: freight brokerage services (Brokerage) and rail intermodal (Intermodal). The Company provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment.

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