UBS analyst Thomas Wadewitz maintained a Hold rating on Old Dominion Freight today and set a price target of $155.00. The company’s shares opened today at $148.79.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Wadewitz covers the Industrials sector, focusing on stocks such as Delta Air Lines, CH Robinson, and FedEx. According to TipRanks, Wadewitz has an average return of 5.0% and a 50.73% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Old Dominion Freight with a $166.79 average price target, implying a 12.10% upside from current levels. In a report released today, TR | OpenAI – 4o also downgraded the stock to a Hold with a $159.00 price target.
Based on Old Dominion Freight’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.37 billion and a net profit of $254.66 million. In comparison, last year the company earned a revenue of $1.46 billion and had a net profit of $292.3 million
Read More on ODFL:
- Old Dominion price target lowered to $170 from $180 at Truist
- Old Dominion price target lowered to $159 from $166 at TD Cowen
- Old Dominion upgraded to Buy from Hold at Vertical Research
- Old Dominion price target lowered to $174 from $186 at Stephens
- Old Dominion price target lowered to $155 from $170 at Barclays