Eddie Stobart Logistics (ESL) Earns Buy Rating from Analysts at Berenberg Bank
Berenberg Bank began coverage on shares of Eddie Stobart Logistics (LON:ESL) in a research report released on Wednesday. The brokerage issued a buy rating and a GBX 190 ($2.63) target price on the stock.
Separately, Numis Securities reaffirmed an add rating and issued a GBX 185 ($2.56) price objective on shares of Eddie Stobart Logistics in a research note on Friday, January 19th.
Eddie Stobart Logistics (LON:ESL) traded up GBX 0.25 ($0.00) during midday trading on Wednesday, reaching GBX 148.25 ($2.05). The company had a trading volume of 26,903 shares, compared to its average volume of 344,967. Eddie Stobart Logistics has a 12-month low of GBX 130 ($1.80) and a 12-month high of GBX 165 ($2.28).
Eddie Stobart Logistics Plc, formerly Greenwhitestar UK Plc, is engaged in the business of logistics and supply chain. The Company is focused its business on e-commerce, manufacturing, industrial & bulk (MIB), retail and consumer sectors. The Company provides services to MIB customers, which include the movement of raw materials and components used in manufacturing processes, aggregates and cement to construction sites, as well as the delivery of fuel.
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