Shares of Celadon Group, Inc. (NYSE:CGI) have received a consensus rating of “Buy” from the nine research firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $25.50.

Several research firms have commented on CGI. ValuEngine raised shares of Celadon Group from a “sell” rating to a “hold” rating in a research report on Thursday, September 21st. Aegis reissued a “buy” rating and set a $15.00 target price on shares of Celadon Group in a research report on Tuesday, July 4th.

Several institutional investors have recently bought and sold shares of the business. Boston Partners raised its holdings in shares of Celadon Group by 27.6% in the 2nd quarter. Boston Partners now owns 1,765,250 shares of the transportation company’s stock worth $5,561,000 after purchasing an additional 382,100 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Celadon Group by 18.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,244,334 shares of the transportation company’s stock worth $14,700,000 after purchasing an additional 341,936 shares during the period. Kennedy Capital Management Inc. raised its holdings in shares of Celadon Group by 58.0% in the 1st quarter. Kennedy Capital Management Inc. now owns 598,261 shares of the transportation company’s stock worth $3,919,000 after purchasing an additional 219,524 shares during the period. Phoenix Investment Adviser LLC raised its holdings in shares of Celadon Group by 538.2% in the 2nd quarter. Phoenix Investment Adviser LLC now owns 255,276 shares of the transportation company’s stock worth $804,000 after purchasing an additional 215,276 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Celadon Group in the 2nd quarter worth approximately $558,000. 85.28% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Celadon Group (NYSE CGI) opened at 5.50 on Wednesday. Celadon Group has a 12-month low of $1.30 and a 12-month high of $9.75. The company has a market cap of $152.07 million, a price-to-earnings ratio of 63.95 and a beta of 1.76. The company’s 50-day moving average price is $5.74 and its 200 day moving average price is $4.07.

About Celadon Group

Celadon Group, Inc (Celadon) is a truckload freight transportation provider. The Company’s segments are asset-based, asset-light, and equipment leasing and services. Its services involve point-to-point shipping for its customers within the United States, between the United States and Mexico, and between the United States and Canada.

Analyst Recommendations for Celadon Group (NYSE:CGI)

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