CH Robinson Receives a Buy from KeyBanc

By Carrie Williams

KeyBanc analyst Todd Fowler maintained a Buy rating on CH Robinson (NASDAQ: CHRW) today and set a price target of $80. The company’s shares opened today at $74.38, close to its 52-week high of $76.10.

According to, Fowler is a 5-star analyst with an average return of 15.1% and a 73.2% success rate. Fowler covers the Services sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Quality Distribution.

CH Robinson has an analyst consensus of Hold, with a price target consensus of $75.67.

The company has a one year high of $76.10 and a one year low of $59.71. Currently, CH Robinson has an average volume of 1.46M.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is neutral on the stock.

C.H. Robinson Worldwide, Inc. provides freight transportation services and logistics solutions to companies. It is a multimodal transportation services and logistics solutions, operates through a network of branch offices in North America, Europe, Asia, South America, and the Middle East. C.H. Robinson Worldwide services include supply chain consulting and analysis, freight consolidation, core carrier program management and information reporting. The company’s other services include sourcing services, contract Warehousing and fee-based information services. The Sourcing services business is primarily the buying, selling, and marketing of fresh produce. It develops proprietary brands of produce including The Fresh 1 and its world organics. The Information services is comprised of a C.H. Robinson subsidiary, T-Chek Systems, Inc. T-Chek is a business-to-business provider of spend management and payment processing services. The majority of T-Chek’s customers are motor carriers and truck stop chains. T-Chek’s platform supports open and closed loop networks that facilitate a variety of funds transfer, vendor payments, fuel purchasing, and online expense management. It also provides Transportation and Logistics Services. C.H. Robinson Worldwide was founded by Charles Henry Robinson in 1905 and is headquartered in Eden Prairie, MN.