Stifel reported on Celadon Group (NYSE:CGI), upping its target price to $10.00 today
- Updated: February 11, 2017
Stifel increased the stock price target of Celadon Group (NYSE:CGI) to $10.00 reporting a potential upside of 0.33%.
Displaying a price of $7.50, Celadon Group (NYSE:CGI) traded 10.67% higher on the day. With the last stock price close down 5.79% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same period. Celadon Group has recorded a 50-day average of $8.24 and a two hundred day average of $7.85. Volume of trade was up over the average, with 612,845 shares of CGI changing hands over the typical 436,868
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With a total market value of $0, Celadon Group has PE ratio of 45.60 with a one year low of $4.85 and a one year high of $12.03 .
A total of 8 brokerages have issued a research note on Celadon Group. Five brokerages rating the stock a strong buy, 2 brokers rating the stock a buy, 2 equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $16.41.
More About Celadon Group (NYSE:CGI)
Celadon Group, Inc. (Celadon) is a truckload freight transportation provider. The Company's segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada. The Company's primary asset-based services include the United States domestic dry van, refrigerated and flatbed service; cross-border service between the United States and each of Mexico and Canada; intra-Mexico and intra-Canada service; contract service; regional and specialized short haul service, and rail intermodal service. The Company's primary asset-light services include freight brokerage, warehousing, less-than truckload consolidation and supply chain logistics services. Celadon's equipment leasing and services segment consists primarily of leasing activities with independent contractors and other trucking fleets.
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