In a report released today, Eric Stine from Craig-Hallum reiterated a Buy rating on Blue Bird (BLBD – Research Report). The company’s shares closed yesterday at $24.80.
According to TipRanks, Stine is a 4-star analyst with an average return of 6.0% and a 36.79% success rate. Stine covers the Industrials sector, focusing on stocks such as PureCycle Technologies, Aspen Aerogels, and Chart Industries.
Blue Bird has an analyst consensus of Strong Buy, with a price target consensus of $30.75.
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The company has a one-year high of $28.80 and a one-year low of $13.30. Currently, Blue Bird has an average volume of 433.7K.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLBD in relation to earlier this year.
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Blue Bird (BLBD) Company Description:
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.
Read More on BLBD:
- Blue Bird 2.5M share Spot Secondary priced at $25.25
- Blue Bird announces 2.5M share common stock offering for holders
- Blue Bird price target raised by $4 at Craig-Hallum, here’s why
- Blue Bird price target raised by $6 at R.F. Lafferty, here’s why
- Blue Bird price target raised by $4 at BofA, here’s why
