JB Hunt Trans (JBHT) Rating Maintained

Cowen have a $124.0 price target on the Stock. The price target indicates a potential downside of -0.82 % from JB Hunt Trans (JBHT)’s current price. This rating was disclosed in a research report on Monday, 29 January.

JBHT is right now trading 0.00% lower at $0.00 as of 10:05 AM New York time. JB Hunt Trans’s stock is 0% over the last 200 days. It has underperformed the S&P500 Index, which has risen 6.00% over the same time period.

According to data compiled by Thomson Reuters, JB Hunt Trans (JBHT)’s stock is covered by 23 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $85.83, which reflects an upside potential of ∞% over the current price.

Institutional Ownership

Sib Llc had the largest stake with ownership of 137,748 shares as of Q2 2015 for 9.03% of the long stock exposure. Park Presidio Capital Llc is another very bullish institutional investor who is having 550,000 shares of JB Hunt Trans or 7% of their long stock exposure. Also, Horrell Capital Management Inc. have 2.32% of their long stock exposure invested in the company for 45,416 shares. The New York-based fund Hitchwood Capital Management Lp disclosed it had bought a stake worth about 2.23% of the institutional investor’s stock portfolio in JB Hunt Trans. The Massachusetts-based fund Congress Asset Management Co Ma is also positive about the stock, possessing 900,000 shares or 1.95% of their long stock exposure.

JB Hunt Trans (JBHT) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. JB Hunt Trans has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

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The post Analysts at Cowen Maintain their Market Perform rating for JB Hunt Trans (JBHT) with $124.0 Target Price appeared first on Octafinance.