Roth Capital Reiterates a Hold Rating on Radiant Logistics

By George MacDonald

In a report released today, Jeff Martin from Roth Capital reiterated a Hold rating on Radiant Logistics (NYSE MKT: RLGT), with a price target of $7. The company’s shares opened today at $7.19, close to its 52-week high of $7.98.

Radiant Logistics has an analyst consensus of Hold, with a price target consensus of $5.50.

The company has a one year high of $7.98 and a one year low of $2.93. Currently, Radiant Logistics has an average volume of 177.5k.

According to TipRanks.com, Martin is a 4-star analyst with an average return of 13.1% and a 64.5% success rate. Martin covers the Services sector, focusing on stocks such as Barrett Business Services, U.S. Auto Parts Network, and Franklin Covey Company.

Radiant Logistics Inc is a transportation and logistics services company providing customers domestic and international freight forwarding services through a network of Company-owned and strategic operating partner locations.