Pacer International Upgraded by EVA Dimensions LLC to Overweight (PACR)
Pacer International (NASDAQ:PACR) was upgraded by equities researchers at EVA Dimensions LLC from a “hold” rating to an “overweight” rating in a research report issued on Tuesday, American Banking & Market News reports.
Shares of Pacer International (NASDAQ:PACR) opened at 8.92 on Tuesday. Pacer International has a one year low of $4.00 and a one year high of $9.23. The stock’s 50-day moving average is $8.88 and its 200-day moving average is $7.63. The company has a market cap of $314.3 million and a P/E ratio of 38.78.
Pacer International (NASDAQ:PACR) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.08 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.08. On average, analysts predict that Pacer International will post $0.28 earnings per share for the current fiscal year.
Separately, analysts at BB&T Corp. downgraded shares of Pacer International from a “buy” rating to a “hold” rating in a research note on Friday, January 31st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Pacer International presently has a consensus rating of “Hold” and an average target price of $7.10.
Provides freight transportation and logistics services. The Company provides transportation services for major manufacturers and retailers via trailer or container using two or more transportation modes.
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