Analyst Rating Update on YRC Worldwide (YRCW)

YRC Worldwide (YRCW) has an average broker rating of 1, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

YRC Worldwide (YRCW) : The highest short term price target forecast on YRC Worldwide (YRCW) is $14 and the lowest target price is $13. A total of 2 equity analysts are currently covering the company. The average price of all the analysts is $13.5 with a standard deviation of $0.71.

For the current week, the company shares have a recommendation consensus of Buy.


YRC Worldwide (NASDAQ:YRCW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.57 and $11.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.29. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.12, notching a gain of 4.66% for the day. The total traded volume was 829,467 . The stock had closed at $11.58 on the previous day.

YRC Worldwide Inc. is a holding company that, through its wholly owned subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services. The Company has a less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities. It offers supply chain solutions enabling customers to ship industrial, commercial and retail goods. It operates in two segments, which include YRC Freight and Regional Transportation. The YRC Freight segment is focused on business opportunities in national, regional and international markets. YRC Freight provides for the movement of industrial, commercial and retail goods, through its subsidiary YRC Inc. (YRC Freight) and Reimer Express (YRC Reimer). Its Regional Transportation segment is a transportation service provider that comprises USF Holland Inc. (Holland), New Penn Motor Express, Inc. (New Penn) and USF Reddaway Inc. (Reddaway).

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