In a report released today, Allison Poliniak from Wells Fargo maintained a Hold rating on Landstar System (LSTR – Research Report), with a price target of $165.00. The company’s shares closed yesterday at $189.83.
Poliniak covers the Industrials sector, focusing on stocks such as Greenbrier, Ryder System, and RXO, Inc.. According to TipRanks, Poliniak has an average return of 10.9% and a 62.86% success rate on recommended stocks.
Currently, the analyst consensus on Landstar System is a Hold with an average price target of $179.36, implying a -5.52% downside from current levels. In a report released on January 10, Susquehanna also maintained a Hold rating on the stock with a $162.00 price target.
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LSTR market cap is currently $6.82B and has a P/E ratio of 22.77.
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Landstar System (LSTR) Company Description:
Landstar System, Inc. engages in the provision of transportation management solutions. It operates through the following segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers transportation services including truckload and less-than-truckload transportation, rail intermodal, air and ocean cargo, project cargo, and customs brokerage. The Insurance segment includes risk and claims management services. The company was founded in January 1991 and is headquartered in Jacksonville, FL.
Read More on LSTR:
- Landstar System price target lowered to $162 from $173 at Susquehanna
- Landstar System price target raised to $171 from $165 at Stifel
- Landstar System upgraded to Outperform from Peer Perform at Wolfe Research
- California pushes electric trucks with restrictions at ports, NY Times reports
- Landstar System initiated with neutral view at JPMorgan, here’s why
