KeyBanc Maintains a Buy Rating on JB Hunt

By Carrie Williams

In a report released today, Todd Fowler from KeyBanc maintained a Buy rating on JB Hunt (NASDAQ: JBHT), with a price target of $99. The company’s shares opened today at $92.93, close to its 52-week high of $94.32.

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.

Currently, the analyst consensus on JB Hunt is Moderate Buy and the average price target is $89.17, representing a -4.0% downside.

In a report issued on November 15, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $100 price target.

The company has a one year high of $94.32 and a one year low of $63.58. Currently, JB Hunt has an average volume of 984.9K.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.

J.B. Hunt Transport Services, Inc. is a transportation, delivery, and logistics company. It provides safe and reliable transportation and delivery services to a diverse group of customers throughout the continental U.S., Canada, and Mexico. The company products and services include the transportation of full truckload-containerized freight, revenue equipment, labor, and systems and delivery services. It operates its business through four segments: JBI, Dedicated Contract Services, Integrated Capacity Solutions and JBT. The JBI segment utilizes arrangements with most major North American rail carriers, in order to provide intermodal freight solutions to customers. The Dedicated Contract Services segment specializes in the design, development, and execution of supply-chain solutions that support a variety of transportation networks. The Integrated Capacity Solutions provides traditional freight brokerage and transportation logistics solutions to customers through relationships with thousands of third-party carriers and integration with its owned equipment. The JBT segment offers services such as full-load, dry-van freight, and the use of tractors on roads and highways. J.B. Hunt Transport Services was founded by Johnnie Bryan Hunt and Johnnie D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.