Brokerages Set C.H. Robinson Worldwide PT At $72.23 (NASDAQ: CHRW)

April 20, 2015 Nemes Worldwide News

CH Robinson Worldwide (NASDAQ: CHRW) has gotten a typical rating of Hold from the twenty ratings companies that are covering the stock, Stock Scores Network reports. 2 analysts have actually ranked the stock with a sell recommendation, fourteen have actually given a hold recommendation and four have actually given a buy recommendation to the business. The typical 12-month target price amongst brokerages that have actually released a report on the stock in the in 2014 is $72.23.

Numerous experts have actually just recently commented on the stock. Analysts at RBC Capital decreased their price target on shares of CH Robinson Worldwide from $80.00 to $74.00 and set a sector perform rating on the stock in a research note on Thursday, February 5th. Experts at BB # 038; T Corp. downgraded shares of CH Robinson Worldwide from a buy rating to a hold rating and set a $80.00 price target on the stock in a research note on Wednesday, February 4th. They kept in mind that the move was an assessment call. Experts at Deutsche Bank reiterated a hold score and set a $75.00 cost target (up formerly from $71.00) on shares of CH Robinson Worldwide in a research study note on Thursday, January 15th. Lastly, experts at Barclays updated shares of CH Robinson Worldwide from an equivalent weight score to an obese score and raised their cost target for the stock from $70.00 to $80.00 in a research study note on Monday, January 12th.

In other CH Robinson Worldwide news, CEO John Wiehoff offered 12,307 shares of the stock in a deal dated Thursday, February 12th. The shares were offered at a typical rate of $71.48, for a total transaction of $879,704.36. The transaction was revealed in a filing with the Securities amp; Exchange Commission, which can be accessed through this link.

Shares of CH Robinson Worldwide (NASDAQ: CHRW) opened at 72.50 on Thursday. CH Robinson Worldwide has a 52-week low of $50.21 and a 52-week high of $77.49. The stock’s 50-day moving average is $72.35 and its 200-day moving average is $70.47. The company has a market cap of $10.575 billion and a price-to-earnings ratio of 23.55.

CH Robinson Worldwide (NASDAQ: CHRW) last published its quarterly incomes progress on Tuesday, February 3rd. The company reported $0.77 incomes per share for the quarter, beating the experts’ agreement estimate of $0.76 by $0.01. The business had revenue of $3.36 billion for the quarter, compared to the consensus quote of $3.33 billion. During the exact same quarter in 2014, the company published $0.62 profits per share. CH Robinson Worldwide’s income was up 6.5 % as compared to the exact same quarter last year. Experts expect that CH Robinson Worldwide will certainly post $3.42 EPS for the present fiscal year.

The company also just recently declared a quarterly dividend, which will certainly be paid on Tuesday, March 31st. Financiers of record on Friday, March 6th will be given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 2.10 %. The ex-dividend date of this dividend is Wednesday, March 4th.

CH Robinson Worldwide, Inc (NASDAQ: CHRW) is a third celebration logistics company. The Business supplies freight transport services and logistics solutions to business of all sizes, in a variety of industries. The Business runs through a network of 276 offices, which the Business calls branches, in North America, Europe, Asia, South America, and Australia.

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