JB Hunt (JBHT) Gets a Buy from Benchmark Co.

In a report released today, Christopher Kuhn from Benchmark Co. maintained a Buy rating on JB Hunt (JBHT – Research Report), with a price target of $215.00. The company’s shares closed yesterday at $182.99.

According to TipRanks, Kuhn is a 4-star analyst with an average return of 20.7% and a 51.06% success rate. Kuhn covers the Industrials sector, focusing on stocks such as Forward Air, JB Hunt, and XPO.

In addition to Benchmark Co., JB Hunt also received a Buy from Bank of America Securities’s Ken Hoexter in a report issued today. However, on the same day, Barclays maintained a Hold rating on JB Hunt (NASDAQ: JBHT).

JBHT market cap is currently $19.12B and has a P/E ratio of 26.55.

Based on the recent corporate insider activity of 66 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 JBHT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

JB Hunt (JBHT) Company Description:

J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers. The DCS segment includes private fleet conversion and final-mile delivery services. The ICS segment provides a single-source logistics management for clients who intends to outsource their transportation activities. It offers flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal freight services. The JBT segment is responsible for full-load, dry-van freight that is transported via roads and highways. The company was founded by Johnnie Bryan Hunt, Sr. and Johnelle D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.