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Zacks Investment Research disclosed Old Dominion Freight Line (NASDAQ:ODFL), hiking its price target to $98.00 earlier today

Having a price of $86.56, Old Dominion Freight Line (NASDAQ:ODFL) traded 0.85% higher on the day. With the last close up 27.23% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. ODFL has recorded a 50-day average of $77.02 and a two hundred day average of $68.61. Trade Volume was down over the average, with 0 shares of ODFL changing hands under the typical 620,172

Reporting a potential upside of 0.13%, Zacks Investment Research upped the price target of Old Dominion Freight Line (NASDAQ:ODFL) to $98.00

Recent Performance Chart

Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line has PE ratio of 24.39 with a one year low of $48.92 and a one year high of $89.10 and has a market capitalization of $0.

A total of 15 analysts have released a report on Old Dominion Freight Line. Four analysts rating the company a strong buy, four analysts rating the company a buy, nine analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $71.40.

General Company Details For Old Dominion Freight Line (NASDAQ:ODFL)

Old Dominion Freight Line, Inc. is a less-than-truckload (LTL), union-free motor carrier company. The Company provides regional, inter-regional and national LTL services, which include ground and air expedited transportation, and consumer household pickup and delivery. The Company offers a range of other services that include container drayage, truckload brokerage, supply chain consulting and warehousing. The Company operates approximately 230 service center locations. The Company's network includes a range of breakbulk facilities located in Rialto, California; Atlanta, Georgia; Columbus, Ohio; Indianapolis, Indiana; Greensboro, North Carolina; Harrisburg, Pennsylvania; Memphis and Morristown, Tennessee; Dallas, Texas, and Salt Lake City, Utah, among others. The Company owns approximately 7,690 tractors.

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