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Equities research analysts at Jefferies Group boosted their price target on shares of CAI International (NYSE:CAP) from $26.00 to $27.00 in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price objective suggests a potential upside of 24.14% from the stock’s previous close.

A number of other firms have also recently commented on CAP. Analysts at TheStreet downgraded shares of CAI International from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Analysts at Cowen and Company cut their price target on shares of CAI International from $25.00 to $21.00 in a research note on Monday, February 10th. They now have a “market perform” rating on the stock. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. CAI International has an average rating of “Hold” and a consensus price target of $26.99.

CAI International (NYSE:CAP) traded down 4.10% during mid-day trading on Wednesday, hitting $21.75. The stock had a trading volume of 294,127 shares. CAI International has a 52 week low of $19.32 and a 52 week high of $27.26. The stock’s 50-day moving average is $23.71 and its 200-day moving average is $22.85. The company has a market cap of $483.7 million and a price-to-earnings ratio of 8.04.

CAI International (NYSE:CAP) last announced its earnings results on Tuesday, April 29th. The company reported $0.63 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.03. The company had revenue of $54.30 million for the quarter, compared to the consensus estimate of $54.81 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. On average, analysts predict that CAI International will post $3.07 earnings per share for the current fiscal year.

CAI International, Inc is a equipment leasing and management company, operating primarily in the international intermodal marine cargo container leasing business.

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