Forecasting The Future: 8 Analyst Projections For Hub Group
Portfolio Pulse from Benzinga Insights
Over the past three months, 8 analysts have evaluated Hub Group (NASDAQ:HUBG), with opinions ranging from bullish to bearish. The average 12-month price target is now $44.88, a 4.0% decrease from the previous $46.75. Analysts have recently lowered their ratings and price targets, reflecting changing market dynamics and company performance.
July 18, 2024 | 12:00 pm
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NEGATIVE IMPACT
Hub Group (NASDAQ:HUBG) has seen a mix of analyst ratings over the past three months, with a new average 12-month price target of $44.88, down 4.0% from the previous $46.75. Recent analyst actions include several downgrades and lowered price targets, reflecting concerns over the company's recent performance and market conditions.
The decrease in the average price target and multiple downgrades by analysts indicate a negative short-term outlook for Hub Group. The company's recent revenue decline and lowered growth expectations contribute to this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100