C.H. Robinson Worldwide Downgraded By Buckingham Study (CHRW)

December 19, 2014 Nemes Worldwide News

CH Robinson Worldwide (NASDAQ: CHRW) was downgraded by equities analysts at Buckingham Research from a buy rating to a neutral rating in a research guide released on Thursday, TheFlyOnTheWall.com guides. They currently have a $77.00 target price on the stock, up from their previous target cost of $75.00. Buckingham Researchs price unbiased indicate a prospective upside of 11.24 % from the stocks previous close.

CH Robinson Worldwide (NASDAQ: CHRW) traded down 0.13 % throughout mid-day trading on Thursday, striking $69.13. 1,039,966 shares of the companys stock traded hands. CH Robinson Worldwide has a 52 week low of $50.21 and a 52 week high of $74.95. The stock has a 50-day moving average of $67.51 and a 200-day moving average of $64.15. The business has a market cap of $10.138 billion and a price-to-earnings ratio of 23.93. CH Robinson Worldwide likewise saw unusually big choices trading activity on Tuesday. Traders acquired 12,277 put alternatives on the stock. This stands for an increase of 1,356 % as compared to the average day-to-day volume of 843 put options.

CH Robinson Worldwide (NASDAQ: CHRW) last published its quarterly revenues results on Tuesday, October 28th. The business reported $0.85 EPS for the quarter, beating the Thomson Reuters consensus quote of $0.80 by $0.05. The business had profits of $3.47 billion for the quarter, compared with the agreement estimate of $3.50 billion. Throughout the very same quarter in the previous year, the company published $0.69 revenues per share. The companys quarterly revenue was up 4.5 % on a year-over-year basis. Experts anticipate that CH Robinson Worldwide will post $3.02 EPS for the current financial year.

In other CH Robinson Worldwide news, VP Ben G. Campbell offered 2,240 shares of the companys stock on the open market in a deal that occurred on Monday, October 27th. The stock was sold at a typical price of $72.00, for an overall value of $161,280.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Numerous other analysts have likewise just recently discussed the stock. Experts at Credit Suisse downgraded shares of CH Robinson Worldwide from a neutral rating to an underperform score in a study note on Thursday. They now have a $65.00 price target on the stock, down formerly from $68.00. Separately, experts at Citigroup Inc. restated a neutral score on shares of CH Robinson Worldwide in a research note on Wednesday. They now have a $74.00 rate target on the stock, up formerly from $68.00. Finally, experts at Bank of America updated shares of CH Robinson Worldwide from a neutral score to a buy score in a research note on Wednesday. 3 equities study experts have actually rated the stock with a sell rating, fourteen have appointed a hold rating and two have provided a buy score to the business stock. CH Robinson Worldwide currently has an average rating of Hold and an agreement price target of $66.39.

CH Robinson Worldwide, Inc (NASDAQ: CHRW) is a 3rd celebrationa 3rd party logistics company.

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