Roth Capital Reiterates a Neutral Rating on Radiant Logistics

By George MacDonald

In a report released yesterday, Jeff Martin from Roth Capital reiterated a Neutral rating on Radiant Logistics (NYSE MKT: RLGT), with a price target of $7. The company’s shares opened today at $7.17, 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.

Radiant Logistics` market cap is currently $297.2M and has a P/E ratio of 67.3. The company has a book value ratio of 6.7%.

According to TipRanks.com, Martin is a 4-star analyst with an average return of 14.2% and a 67.7% 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.