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Barclays Reaffirms Their Hold Rating on Hub Group (HUBG)
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Barclays Reaffirms Their Hold Rating on Hub Group (HUBG)

Barclays analyst Brandon Oglenski maintained a Hold rating on Hub Group (HUBGResearch Report) today and set a price target of $40.00. The company’s shares closed last Thursday at $43.22.

Oglenski covers the Industrials sector, focusing on stocks such as Norfolk Southern, FedEx, and Knight Transportation. According to TipRanks, Oglenski has an average return of 7.6% and a 55.19% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Hub Group with a $48.00 average price target, an 11.06% upside from current levels. In a report released on March 25, Susquehanna also maintained a Hold rating on the stock with a $46.00 price target.

The company has a one-year high of $47.44 and a one-year low of $31.63. Currently, Hub Group has an average volume of 525.5K.

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Hub Group (HUBG) Company Description:

Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage, and logistics. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.

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