Stifel Nicolaus Believes Universal Logistics (NASDAQ: ULH) Won’t Stop Here

By Jason Carr

Stifel Nicolaus analyst John Larkin reiterated a Buy rating on Universal Logistics (NASDAQ: ULH) on September 28 and set a price target of $24. The company’s shares closed on Friday at $20.45, close to its 52-week high of $20.70.

According to TipRanks.com, Larkin is a 5-star analyst with an average return of 10.5% and a 69.4% success rate. Larkin covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Air Transport Services.

Universal Logistics has an analyst consensus of Moderate Buy, with a price target consensus of $24.

Universal Logistics’ market cap is currently $581.7M and has a P/E ratio of 38.58. The company has a book value ratio of 3.8468.

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