ValuEngine upgraded shares of Celadon Group, Inc. (NYSE:CGI) from a sell rating to a hold rating in a report published on Wednesday, July 12th.

Other equities research analysts have also recently issued reports about the stock. Aegis reiterated a buy rating and issued a $15.00 target price on shares of Celadon Group in a research report on Thursday, April 6th. Credit Suisse Group upgraded shares of Celadon Group to an outperform rating in a research report on Friday, May 12th. Finally, Zacks Investment Research upgraded shares of Celadon Group from a hold rating to a buy rating and set a $6.25 price objective for the company in a research report on Friday, April 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $18.65.

Shares of Celadon Group (NYSE CGI) traded down 2.04% during mid-day trading on Wednesday, reaching $4.80. 600,215 shares of the company’s stock were exchanged. Celadon Group has a 1-year low of $1.30 and a 1-year high of $9.75. The stock has a market capitalization of $132.72 million, a PE ratio of 55.81 and a beta of 1.72. The company’s 50 day moving average is $3.52 and its 200 day moving average is $5.11.

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A number of large investors have recently added to or reduced their stakes in CGI. Symphony Asset Management LLC purchased a new stake in Celadon Group during the first quarter valued at about $242,000. Dimensional Fund Advisors LP boosted its stake in shares of Celadon Group by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,902,398 shares of the transportation company’s stock worth $13,602,000 after buying an additional 53,408 shares in the last quarter. Alambic Investment Management L.P. bought a new stake in shares of Celadon Group during the first quarter worth $130,000. Frontier Capital Management Co. LLC boosted its stake in shares of Celadon Group by 2.2% in the first quarter. Frontier Capital Management Co. LLC now owns 2,537,006 shares of the transportation company’s stock worth $16,617,000 after buying an additional 55,070 shares in the last quarter. Finally, Next Century Growth Investors LLC boosted its stake in shares of Celadon Group by 6.1% in the first quarter. Next Century Growth Investors LLC now owns 309,579 shares of the transportation company’s stock worth $2,027,000 after buying an additional 17,890 shares in the last quarter.

About Celadon Group

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.

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Analyst Recommendations for Celadon Group (NYSE:CGI)

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