Stifel Nicolaus Sticks to Their Hold Rating for Landstar System (LSTR)
In a report released yesterday, J. Bruce Chan from Stifel Nicolaus maintained a Hold rating on Landstar System, with a price target of $140.00. The company’s shares closed yesterday at $146.35.
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According to TipRanks, Bruce Chan is a 4-star analyst with an average return of 3.7% and a 56.67% success rate. Bruce Chan covers the Industrials sector, focusing on stocks such as Hub Group, Landstar System, and ArcBest.
Landstar System has an analyst consensus of Hold, with a price target consensus of $133.40, which is a -8.85% downside from current levels. In a report released on December 9, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $158.00 price target.
Based on Landstar System’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $1.21 billion and a net profit of $19.36 million. In comparison, last year the company earned a revenue of $1.22 billion and had a net profit of $50.03 million
Read More on LSTR:
Disclaimer & DisclosureReport an Issue
- Landstar System price target raised to $135 from $133 at Morgan Stanley
- Landstar System initiated with an Equal Weight at Wells Fargo
- Landstar System Declares Special Cash Dividend
- Landstar System board declares special one-time dividend of $2.00 per share
- Landstar System: Hold Rating Amid Challenging Market Conditions and Financial Setbacks
