Wells Fargo analyst Allison Poliniak maintained a Buy rating on Old Dominion Freight (ODFL – Research Report) today and set a price target of $465.00. The company’s shares closed yesterday at $388.84.
According to TipRanks, Poliniak is a 5-star analyst with an average return of 10.9% and a 62.86% success rate. Poliniak covers the Industrials sector, focusing on stocks such as Greenbrier, Ryder System, and RXO, Inc..
In addition to Wells Fargo, Old Dominion Freight also received a Buy from Stifel Nicolaus’s J. Bruce Chan in a report issued on January 10. However, yesterday, Benchmark Co. maintained a Hold rating on Old Dominion Freight (NASDAQ: ODFL).
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The company has a one-year high of $437.21 and a one-year low of $294.86. Currently, Old Dominion Freight has an average volume of 702.3K.
Based on the recent corporate insider activity of 63 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 ODFL in relation to earlier this year.
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Old Dominion Freight (ODFL) Company Description:
Founded in 1934, Old Dominion Freight Line, Inc. is a North Carolina-based company, which provides regional, inter-regional, and national less-than-truckload (LTL) services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting.
Read More on ODFL:
- Old Dominion price target raised to $434 from $416 at Stifel
- Susquehanna upgrades Old Dominion on pricing power, selloff
- Old Dominion upgraded to Positive from Neutral at Susquehanna
- XPO, Inc upgraded to Overweight from Equal Weight at Wells Fargo
- Yellow rebuffs bid to revive collapse trucker, WSJ reports
