Credit Suisse Group Raises Schneider National (NYSE:SNDR) Price Target to $26.00
Schneider National (NYSE:SNDR) had its price objective upped by Credit Suisse Group from $24.00 to $26.00 in a research note issued on Friday, BenzingaRatingsTable reports. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s price target points to a potential upside of 3.46% from the stock’s current price.
Other analysts have also recently issued research reports about the stock. UBS Group boosted their target price on shares of Schneider National from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. TheStreet raised shares of Schneider National from a “c+” rating to a “b-” rating in a research note on Thursday, May 28th. Citigroup boosted their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Cowen reaffirmed a “hold” rating and set a $25.00 price objective on shares of Schneider National in a research note on Thursday. Finally, Morgan Stanley upped their price objective on shares of Schneider National from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Schneider National presently has an average rating of “Buy” and an average price target of $24.82.
SNDR stock opened at $25.13 on Friday. The stock has a market capitalization of $4.45 billion, a P/E ratio of 21.12, a P/E/G ratio of 4.10 and a beta of 1.10. The firm has a 50-day simple moving average of $24.43 and a 200-day simple moving average of $21.90. The company has a quick ratio of 2.95, a current ratio of 3.07 and a debt-to-equity ratio of 0.13. Schneider National has a 52 week low of $15.36 and a 52 week high of $26.46.
Large investors have recently bought and sold shares of the business. New York State Teachers Retirement System acquired a new position in Schneider National in the 2nd quarter valued at about $74,000. Parallel Advisors LLC grew its position in shares of Schneider National by 333.8% in the 1st quarter. Parallel Advisors LLC now owns 4,021 shares of the company’s stock valued at $77,000 after buying an additional 3,094 shares during the last quarter. State of Tennessee Treasury Department purchased a new position in shares of Schneider National in the 1st quarter valued at $103,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Schneider National by 28.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,496 shares of the company’s stock valued at $111,000 after buying an additional 1,004 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in shares of Schneider National in the 1st quarter valued at $117,000. Institutional investors own 24.05% of the company’s stock.
Schneider National Company Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, first to final mile delivery, and customized solutions for time-sensitive loads.
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