Universal Logistics (ULH) Downgraded by BidaskClub to “Sell”
BidaskClub lowered shares of Universal Logistics (NASDAQ:ULH) from a hold rating to a sell rating in a research note released on Wednesday.
A number of other brokerages also recently weighed in on ULH. Zacks Investment Research downgraded Universal Logistics from a buy rating to a hold rating in a report on Thursday, December 28th. ValuEngine downgraded Universal Logistics from a buy rating to a hold rating in a report on Friday, December 1st. Finally, Citigroup lifted their price target on Universal Logistics from $14.00 to $22.00 and gave the company a neutral rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $23.00.
Universal Logistics (NASDAQ ULH) opened at $22.90 on Wednesday. Universal Logistics has a twelve month low of $11.65 and a twelve month high of $25.65. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $649.70, a price-to-earnings ratio of 37.54 and a beta of 1.56.
WARNING: This news story was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.thecerbatgem.com/2018/02/04/universal-logistics-ulh-downgraded-by-bidaskclub-to-sell.html.
Universal Logistics Company Profile
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.
Receive News & Ratings for Universal Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Logistics and related companies with MarketBeat.com's FREE daily email newsletter.