C.H. Robinson Worldwide (NASDAQ:CHRW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.35 by 18 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Stephens & Co., downgrades their rating on the shares of C.H. Robinson Worldwide (NASDAQ:CHRW). Stephens & Co. has a Equal-weight rating on the shares. Previously, the analysts had a Overweight rating on the shares. As per the latest report, the brokerage house maintains the price target to $76 per share. The rating by the firm was issued on April 28, 2016.
C.H. Robinson Worldwide (NASDAQ:CHRW) should head towards $76.31 per share according to 13 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $65 per share. The higher price estimate target is at $85 according to the Analysts.
C.H. Robinson Worldwide (NASDAQ:CHRW) witnessed a decline in the market cap on Tuesday as its shares dropped 0.62% or 0.45 points. After the session commenced at $72.46, the stock reached the higher end at $72.55 while it hit a low of $71.56. With the volume soaring to 930,865 shares, the last trade was called at $72.09. The company has a 52-week high of $76.1. The company has a market cap of $10,292 million and there are 142,766,640 shares in outstanding. The 52-week low of the share price is $59.71.
CH Robinson Worldwide Inc. has lost 0.52% in the last five trading days and dropped 2.44% in the last 4 weeks. CH Robinson Worldwide Inc. has dropped 1.33% during the last 3-month period . Year-to-Date the stock performance stands at 17.62%.
C.H. Robinson Worldwide, Inc. is a third party logistics company. The Company provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries. The Company operates through a network of 281 offices in North America, Europe, Asia and South America. It has developed global transportation and distribution networks to provide transportation and supply chain services worldwide. It also provides sourcing services through Robinson Fresh. Sourcing business involves the buying, selling and marketing of fresh fruits, vegetables, and other perishable items. The Company supplies fresh produce through its network of independent produce growers and suppliers. Its customers include grocery retailers and restaurants, produce wholesalers and foodservice distributors. It also arranges the logistics and transportation of the products it sells and provides related supply chain services, such as replenishment, category management and merchandising.