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Truist Financial Sticks to Their Buy Rating for CH Robinson (CHRW)

Tipranks - Fri May 1, 7:08AM CDT

Truist Financial analyst Lucas Servera maintained a Buy rating on CH Robinson today and set a price target of $210.00.

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According to TipRanks, Servera is a 5-star analyst with an average return of 39.1% and a 93.22% success rate. Servera covers the Industrials sector, focusing on stocks such as FedEx, Old Dominion Freight, and ArcBest.

In addition to Truist Financial, CH Robinson also received a Buy from Barclays’s Brandon Oglenski in a report issued today. However, on the same day, Citi maintained a Hold rating on CH Robinson (NASDAQ: CHRW).

Based on CH Robinson’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.91 billion and a net profit of $136.32 million. In comparison, last year the company earned a revenue of $4.18 billion and had a net profit of $149.31 million

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CHRW in relation to earlier this year.

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