Roadrunner Transportation Systems Now Covered by William Blair (RRTS)
Analysts at William Blair assumed coverage on shares of Roadrunner Transportation Systems (NASDAQ:RRTS) in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
In other Roadrunner Transportation Systems news, Insider Helden Brian J. Van sold 5,000 shares of the stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $27.47, for a total value of $137,350.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Roadrunner Transportation Systems (NASDAQ:RRTS) traded up 0.36% during mid-day trading on Wednesday, hitting $28.03. 14,879 shares of the company’s stock traded hands. Roadrunner Transportation Systems has a 52-week low of $15.00 and a 52-week high of $30.98. The stock’s 50-day moving average is $28.49 and its 200-day moving average is $26.34. The company has a market cap of $1.006 billion and a price-to-earnings ratio of 21.92.
A number of other firms have also recently commented on RRTS. Analysts at Raymond James cut their price target on shares of Roadrunner Transportation Systems from $36.00 to $35.00 in a research note to investors on Friday, August 16th. Separately, analysts at Zacks downgraded shares of Roadrunner Transportation Systems from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, August 5th. They now have a $32.50 price target on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Roadrunner Transportation Systems presently has a consensus rating of “Buy” and an average price target of $29.90.
Roadrunner Transportation Systems, Inc (NASDAQ:RRTS) is a transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions (transporting a shipment by more than one mode, primarily via rail and truck), and domestic and international air.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.