Old Dominion Freight Line (ODFL) Given “Market Perform” Rating at Cowen
Old Dominion Freight Line (NASDAQ:ODFL)‘s stock had its “market perform” rating reiterated by stock analysts at Cowen in a report issued on Thursday. They currently have a $136.00 price target on the transportation company’s stock, up from their previous price target of $113.00. Cowen’s target price would suggest a potential upside of 3.26% from the company’s current price.
Several other analysts have also commented on the stock. Stifel Nicolaus reissued a “hold” rating and set a $134.00 price target on shares of Old Dominion Freight Line in a research report on Thursday, January 18th. Zacks Investment Research raised shares of Old Dominion Freight Line from a “hold” rating to a “buy” rating and set a $152.00 price target for the company in a research report on Saturday, January 6th. Seaport Global Securities reissued a “buy” rating on shares of Old Dominion Freight Line in a research report on Tuesday, December 5th. Credit Suisse Group reissued a “buy” rating and set a $142.00 price target (up from $128.00) on shares of Old Dominion Freight Line in a research report on Wednesday, December 6th. Finally, KeyCorp increased their price objective on shares of Old Dominion Freight Line from $125.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, December 5th. Three equities research analysts have rated the stock with a sell rating, seven 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 a consensus price target of $119.92.
Shares of Old Dominion Freight Line (NASDAQ ODFL) opened at $131.71 on Thursday. The company has a market cap of $11,698.21, a PE ratio of 34.98 and a beta of 1.22. Old Dominion Freight Line has a 1 year low of $80.56 and a 1 year high of $150.31. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.02.
Old Dominion Freight Line Company Profile
Old Dominion Freight Line, Inc is a union-free motor carrier providing regional, inter-regional and national less-than-truckload (LTL) services. The Company’s LTL services include ground and air expedited transportation for time-sensitive shipments, consumer household pickup and delivery and freight delivery services throughout North America.
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