Hub Group Receives a New Rating from Top Analyst

By Carrie Williams

In a report released yesterday, Fadi Chamoun from BMO Capital reiterated a Hold rating on Hub Group (NASDAQ: HUBG), with a price target of $42. The company’s shares opened today at $33.90, close to its 52-week low of $33.70.

According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 16.4% and a 86.0% success rate. Chamoun covers the Services sector, focusing on stocks such as Kansas City Southern, WestJet Airlines Ltd, and Magna International.

Hub Group has an analyst consensus of Hold, with a price target consensus of $41.

The company has a one year high of $52.50 and a one year low of $33.70. Currently, Hub Group has an average volume of 308.1K.

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Hub Group, Inc. operates as a transportation management company. It provides comprehensive intermodal, truck brokerage and logistics services. The company operates in two segments: Hub and Mode. The Hub segment offers comprehensive intermodal, truck brokerage and logistics services. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage and logistics, primarily through IBOs who enter into contractual arrangements with Mode. It provides services to customer from different industries, including consumer products, retail and durable goods. Hub Group was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.