Hub Group (HUBG) Gets a Buy from Robert W. Baird

In a report released on August 22, Garrett Holland from Robert W. Baird maintained a Buy rating on Hub Group (HUBGResearch Report), with a price target of $92.00. The company’s shares closed yesterday at $85.26.

According to TipRanks, Holland is a 4-star analyst with an average return of 5.5% and a 59.76% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as FedEx, Forward Air, and Heartland Express.

In addition to Robert W. Baird, Hub Group also received a Buy from Stifel Nicolaus’s J. Bruce Chan in a report issued on August 16. However, on August 15, Morgan Stanley maintained a Hold rating on Hub Group (NASDAQ: HUBG).

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HUBG market cap is currently $2.91B and has a P/E ratio of 8.96.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock.

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Hub Group, Inc. is a transportation management company, which engaegs in the provision of intermodal, truck brokerage, and logistics services. It operates through the Hub and Mode segments. The Hub segment offers comprehensive intermodal, truck brokerage, and logistics services. The Mode segment markets and operates its freight transportation services, consisting of intermodal, truck brokerage, and logistics. The company was founded by Phillip C. Yeager in 1971 and is headquartered in Oak Brook, IL.

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