Where C.H. Robinson Worldwide Stands With Analysts
Portfolio Pulse from Benzinga Insights
C.H. Robinson Worldwide (NASDAQ:CHRW) has received mixed analyst ratings in the last quarter, with 1 bullish, 5 indifferent, and 3 somewhat bearish. The average price target is $90.22, which is lower than the current price of $94.77, implying a potential downside. The average price target has increased by 4.1% over the past month.
August 16, 2023 | 6:01 pm
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NEGATIVE IMPACT
C.H. Robinson Worldwide has received mixed analyst ratings, with a lower average price target than the current price, suggesting a potential downside.
Analyst ratings are a significant factor in stock performance. The mixed ratings and lower price target for CHRW suggest that analysts have a somewhat negative outlook on the stock, which could lead to a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100