Zacks Investment Research downgraded Ryder System, Inc. (NYSE:R) to Sell in a statement released earlier today.
- Updated: September 17, 2016
Yesterday Ryder System, Inc. (NYSE:R) traded 0.02% higher at $65.33. The company’s 50-day average is $65.50 and its 200-day moving average is $65.35. With the last stock close down 1.16% from the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the date range. Trading volume was was down over the average, with 571,196 shares of R changing hands under the typical 699,109 shares..
Zacks Investment Research has downgraded Ryder System, Inc.(NYSE:R) to Sell in a report released 8/19/2016.
Previously on 4/27/2016, RBC Capital Markets released a statement about Ryder System, Inc.(NYSE:R) upped the target price from $54.00 to $73.00 that indicated a possible upside of 0.02%.
A total of 11 equity analysts have reported on R. Eight firms rate the company a strong buy, one analyst rate the company a buy, five analyts rate the stock a hold, 0 rate the company to underperform, and finally 0 firmsrate the company as sell with a one year target price of $77.64
With a total market value of $0.0, Ryder System, Inc. has a 52 week low of $45.12 and a one-year high of $85.08 with a PE ratio of 12.
About Ryder System, Inc. (NYSE:R)
Ryder System, Inc. is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides full service leasing, commercial rental, contract maintenance and contract-related maintenance of trucks, tractors and trailers to customers in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia. It provides purchase option for a selection of used trucks, tractors and trailers through its used vehicle sales program. It offers services to various industries, including automotive, consumer packaged goods, transportation and warehousing, retail, consumer brands, housing, and and paper and publishing.
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