Rush Enterprises A Receives a Hold from BMO Capital

By Jason Carr

BMO Capital analyst Joel Tiss reiterated a Hold rating on Rush Enterprises A (NASDAQ: RUSHA) today and set a price target of $30. The company’s shares closed yesterday at $34.40.

According to TipRanks.com, Tiss is a 4-star analyst with an average return of 10.3% and a 66.0% success rate. Tiss covers the Industrial Goods sector, focusing on stocks such as Illinois Tool Works, The Middleby Corp, and Parker Hannifin.

Rush Enterprises A has an analyst consensus of Hold, with a price target consensus of $30.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. Last month, Michael Mcroberts, the SVP of RUSHA sold 10,001 shares for a total of $353,835.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Rush Enterprises, Inc. engages in the provision of commercial vehicle industry solutions through its network of commercial vehicle dealerships. It provides an integrated, one-stop approach to the service and sales of new and used heavy- and medium-duty trucks, aftermarket parts, service, collision center capabilities, chrome accessories, tires, engineered vehicle modification solutions, and a range of financial services including financing, insurance and leasing, and rental options. Its also sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, and Blue Bird. The company was founded by W. Marvin Rush in 1965 and is headquartered in New Braunfels, TX.