Shares of Roadrunner Transportation Systems Inc (NASDAQ:RRTS) have received a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $9.25.

Separately, BidaskClub upgraded shares of Roadrunner Transportation Systems from a “strong sell” rating to a “sell” rating in a research note on Wednesday.

Shares of Roadrunner Transportation Systems (NASDAQ:RRTS) traded up 0.96% on Wednesday, reaching $7.33. The company had a trading volume of 14,630 shares. Roadrunner Transportation Systems has a 52-week low of $6.05 and a 52-week high of $11.88. The firm has a market capitalization of $281.03 million and a PE ratio of 11.33. The company has a 50-day moving average price of $6.93 and a 200-day moving average price of $6.85.

TRADEMARK VIOLATION WARNING: This piece of content was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/08/30/roadrunner-transportation-systems-inc-rrts-given-average-recommendation-of-hold-by-brokerages.html.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new position in shares of Roadrunner Transportation Systems during the second quarter worth about $101,000. Arizona State Retirement System raised its position in shares of Roadrunner Transportation Systems by 0.6% in the second quarter. Arizona State Retirement System now owns 15,828 shares of the company’s stock worth $115,000 after buying an additional 100 shares during the last quarter. Denver Investment Advisors LLC acquired a new position in shares of Roadrunner Transportation Systems during the second quarter worth about $118,000. Thrivent Financial For Lutherans raised its position in shares of Roadrunner Transportation Systems by 5.0% in the second quarter. Thrivent Financial For Lutherans now owns 18,270 shares of the company’s stock worth $133,000 after buying an additional 870 shares during the last quarter. Finally, Stevens Capital Management LP acquired a new position in shares of Roadrunner Transportation Systems during the second quarter worth about $136,000.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

Receive News & Stock Ratings for Roadrunner Transportation Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadrunner Transportation Systems Inc and related stocks with our FREE daily email newsletter.