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Stifel Nicolaus Reaffirms Their Hold Rating on Landstar System (LSTR)

Tipranks - Tipranks - Thu Jan 15, 6:40AM CST

Stifel Nicolaus analyst J. Bruce Chan maintained a Hold rating on Landstar System today and set a price target of $147.00.

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Bruce Chan covers the Industrials sector, focusing on stocks such as Hub Group, JB Hunt, and Knight Transportation. According to TipRanks, Bruce Chan has an average return of 5.4% and a 58.87% success rate on recommended stocks.

In addition to Stifel Nicolaus, Landstar System also received a Hold from Evercore ISI’s Jonathan Chappell in a report issued on January 12. However, on January 7, Robert W. Baird maintained a Buy rating on Landstar System (NASDAQ: LSTR).

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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

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