In a report released today, Eric Stine from Craig-Hallum maintained a Buy rating on Blue Bird (BLBD – Research Report). The company’s shares closed last Friday at $19.66.
According to TipRanks, Stine is a 4-star analyst with an average return of 10.3% and a 41.22% success rate. Stine covers the Energy sector, focusing on stocks such as Plug Power, Broadwind Energy, and Vertex Energy.
Currently, the analyst consensus on Blue Bird is a Strong Buy with an average price target of $26.38, representing a 34.18% upside. In a report released on September 11, Barclays also initiated coverage with a Buy rating on the stock with a $25.00 price target.
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The company has a one-year high of $28.80 and a one-year low of $7.14. Currently, Blue Bird has an average volume of 315K.
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Blue Bird Corp. engages in the design and manufacture of school buses. It operates through the Bus and Parts business segments. The Bus segment includes the manufacturing and assembly of school buses to be sold to a variety of customers across the United States, Canada, and in international markets. The Parts segment provides routine maintenance, replacement of parts that are damaged in service, and replacement of parts that suffer from wear and tear. The company was founded by Albert Laurence Luce in 1927 and is headquartered in Macon, GA.
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