Breaking Finance News

Swift Transportation (NYSE:SWFT) stock price target increased to $25.00, issued a report today by Stifel Nicolaus

Yesterday Swift Transportation (NYSE:SWFT) traded 0.63% higher at $24.90. The company’s 50-day moving average is $22.51 and its 200-day moving average is $19.08. The last closing price is up 32.88% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 720,902 shares of the stock traded hands, down from an average trading volume of 2,502,430

In a report released on 11/22/2016 Stifel Nicolaus increased the stock price target of Swift Transportation (NYSE:SWFT) from $24.00 to $25.00 indicating a possible upside of 0.00%.

Previously on 3/9/2016, Cowen reported on Swift Transportation (NYSE:SWFT) reduced the target price from $20.00 to $19.00. At the time, this indicated a possible upside of 0.21%.

See Chart Below

Swift Transportation (NYSE:SWFT)

Swift Transportation has a 52 week low of $11.74 and a 52 week high of $25.60 with a P/E ratio of 20.27 The company’s market cap is currently $0.

In addition to Stifel Nicolaus reporting its stock price target, a total of 18 brokers have issued a report on the company. The average stock price target is $21.03 with 9 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Swift Transportation (NYSE:SWFT)

Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, which operates the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, Dedicated, Swift Refrigerated and Intermodal. The Truckload segment consists of one way movements over irregular routes throughout the United States, Mexico and Canada. The Company, through the Dedicated segment, devotes use of equipment to specific customers and offers personalized solutions under long-term contracts. The Company's Swift Refrigerated segment primarily consists of shipments for customers that require temperature-controlled trailers. The Intermodal segment includes moving freight operations, including moving the freight over the rail in its containers and other trailing equipment, and drayage of transport loads between the railheads and customer locations.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *