Heartland Express PT Raised to $23.00 (HTLD)
Investment analysts at KeyCorp upped their target price on shares of Heartland Express (NASDAQ:HTLD) to $23.00 in a note issued to investors on Friday, AR Network reports. KeyCorp’s price objective would indicate a potential upside of 10.63% from the stock’s previous close.
Shares of Heartland Express (NASDAQ:HTLD) traded down 0.43% on Friday, hitting $20.70. 95,575 shares of the company’s stock traded hands. Heartland Express has a one year low of $12.99 and a one year high of $21.12. The stock’s 50-day moving average is $19.11 and its 200-day moving average is $15.75. The company has a market cap of $1.756 billion and a P/E ratio of 25.99.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Heartland Express from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $21.00 price target on the stock. Separately, analysts at UBS AG initiated coverage on shares of Heartland Express in a research note to investors on Tuesday, December 24th. They set a “hold” rating and a $19.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Stifel Nicolaus downgraded shares of Heartland Express from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, December 24th. They now have a $105.00 price target on the stock. They noted that the move was a valuation call. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $28.00.
Heartland Express, Inc (NASDAQ:HTLD) is a short-to-medium haul truckload carrier.
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