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Barclays Remains a Hold on Landstar System (LSTR)

Tipranks - Fri Jan 16, 4:16AM CST

Barclays analyst Brandon Oglenski maintained a Hold rating on Landstar System today and set a price target of $155.00.

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Oglenski covers the Industrials sector, focusing on stocks such as Alaska Air, FedEx, and Norfolk Southern. According to TipRanks, Oglenski has an average return of 7.1% and a 50.82% success rate on recommended stocks.

In addition to Barclays, Landstar System also received a Hold from Stifel Nicolaus’s J. Bruce Chan in a report issued yesterday. However, on January 7, Robert W. Baird maintained a Buy rating on Landstar System (NASDAQ: LSTR).

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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