Werner Enterprises Receives a Buy from Deutsche Bank

By George MacDonald

Deutsche Bank analyst Robert Salmon maintained a Buy rating on Werner Enterprises (NASDAQ: WERN) on January 29 and set a price target of $29. The company’s shares closed last Friday at $24.15.

Werner Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $30.

The company has a one year high of $33.13 and a one year low of $20.91. Currently, Werner Enterprises has an average volume of 707.7k.

Unlike Deutsche Bank`s latest rating, based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2015, Robert Synowicki, a the Exec VP-Driver Resources of WERN sold 3,500 shares for a total of $99,750.

According to TipRanks.com, Salmon is ranked 0 out of 5 stars with an average return of -13.1% and a 25.0% success rate. Salmon covers the Services sector, focusing on stocks such as Fortress Transportation, Knight Transportation, and Old Dominion Freight.

Werner Enterprises Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce.