JB Hunt (JBHT) Receives a Buy from Raymond James

Raymond James analyst Patrick Brown maintained a Buy rating on JB Hunt (JBHTResearch Report) today and set a price target of $205.00. The company’s shares closed last Thursday at $172.01.

According to, Brown is a top 25 analyst with an average return of 20.0% and a 77.1% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Union Pacific, and United Parcel.

JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $214.35, representing a 24.7% upside. In a report issued on April 12, Deutsche Bank also upgraded the stock to Buy with a $230.00 price target.

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The company has a one-year high of $218.18 and a one-year low of $155.11. Currently, JB Hunt has an average volume of 904.8K.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JBHT in relation to earlier this year.

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J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers. The DCS segment includes private fleet conversion and final-mile delivery services. The ICS segment provides a single-source logistics management for clients who intends to outsource their transportation activities. It offers flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal freight services. The JBT segment is responsible for full-load, dry-van freight that is transported via roads and highways. The company was founded by Johnnie Bryan Hunt, Sr. and Johnelle D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.

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