J.B. Hunt Transport Services (JBHT) : 9 brokerage houses believe that J.B. Hunt Transport Services (JBHT) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on J.B. Hunt Transport Services (JBHT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.88.
J.B. Hunt Transport Services (JBHT) stock is expected to deviate a maximum of $4.6 from the average target price of $90.92 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $96 and the most muted being $84.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Buckingham Research upgrades the rating on J.B. Hunt Transport Services (NASDAQ:JBHT). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on July 26, 2016.
J.B. Hunt Transport Services (NASDAQ:JBHT): stock was range-bound between the intraday low of $80 and the intraday high of $80.84 after having opened at $80.33 on Wednesdays session. The stock finally closed in the red at $80.33, a loss of -0.26%. The stock remained in the red for the whole trading day. The total traded volume was 629,938 shares. The stock failed to cross $80.84 in Wednesdays trading. The stocks closing price on Thursday was $80.37.
J.B. Hunt Transport Services, Inc. is a holding company that, together with its wholly owned subsidiaries, is engaged in providing surface transportation, delivery and logistics services. The Company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer, traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed, refrigerated, and less-than-truckload (LTL), as well as a variety of dry-van and intermodal solutions. JBT business includes full-load, dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.