Swift Transportation Company (SWFT) : Currently there are 12 street experts covering Swift Transportation Company (SWFT) stock. The most bullish and bearish price target for the stock is $27 and $13 respectively for the short term. The average price target of all the analysts comes to $20.83. The estimated standard deviation from the target is $4.
Swift Transportation Company (SWFT) : 15 analysts are covering Swift Transportation Company (SWFT) and their average rating on the stock is 1.83, which is read as a Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Swift Transportation Company (SWFT) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, In the latest statement by the brokerage house, UBS maintains its outlook on Swift Transportation Company (NYSE:SWFT). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $18 per share to $19.5 per share. The rating by the firm was issued on July 25, 2016.
Swift Transportation Company (NYSE:SWFT): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.79 and $18.44 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $19.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.92, notching a gain of 1.67% for the day. The total traded volume was 1,580,564 . The stock had closed at $18.61 on the previous day.
Swift Transportation Company (Swift Transportation Co.) is a multi-faceted transportation services company, operating the fleet of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company operates in four segments: Truckload, which consists of one way movements over irregular routes throughout the United States Mexico and Canada; Dedicated, through which, the Company devotes use of equipment to specific customers and offers tailored solutions under long-term contracts; Central Refrigerated, which represents the core operations of Central and primarily consists of shipments for customers that require temperature-controlled trailers, and Intermodal segment, which includes revenue generated by moving freight over the rail in the Companys containers and other trailing equipment, combined with revenue for drayage to transport loads between the railheads and customer locations.