Werner Enterprises (WERN) Receives a Rating Update from a Top Analyst

Cowen & Co. analyst Jason Seidl reiterated a Buy rating on Werner Enterprises (WERNResearch Report) yesterday and set a price target of $47.00. The company’s shares closed last Thursday at $41.59.

According to TipRanks.com, Seidl is a top 25 analyst with an average return of 26.2% and a 72.4% success rate. Seidl covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Covenant Logistics Group, and Expeditors International.

Werner Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $46.00, a 7.5% upside from current levels. In a report issued on August 3, Robert W. Baird also maintained a Buy rating on the stock with a $46.00 price target.

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The company has a one-year high of $48.79 and a one-year low of $36.29. Currently, Werner Enterprises has an average volume of 676.9K.

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Werner Enterprises, Inc. engages in the provision of logistics services. It operates through the Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment consists of one-way truckload and specialized services units such as the medium-to-long haul van fleet which provides a consumer non durable products and commodities in truckload quantities. The Werner Logistics segment provides non-trucking services to customers such as truck brokerages which uses contracted carriers to complete customer shipments. The company was founded by Clarence L. Werner in 1956 and is headquartered in Omaha, NE.

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