Impact of Brokerage Rating on C.H. Robinson Worldwide, Inc.(CHRW)

Many C.H. Robinson Worldwide, Inc.(CHRW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Cowen on Feb 2, 2017 to Market Perform, Raises Price Target to $ 73 from a previous price target of $67 .Company shares were Downgraded by Stifel on Nov 22, 2016 to Hold, Raises Price Target to $ 75 from a previous price target of $73 .

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Chris Obrien (Senior Vice President) sold 2,650 shares at 75.64 per share price.On Feb 8, 2017, John Wiehoff (CEO) sold 24,306 shares at 75.33 per share price.On Jan 24, 2017, Michael John Short (President, Global Forwarding) sold 359 shares at 68.24 per share price.

C.H. Robinson Worldwide Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.84. The company had revenue of $3415.00 million for the quarter, compared to analysts expectations of $3328.92 million. The companys revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 EPS.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.91 by 18 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 10 Brokerage Firms have advised hold. 3 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW): 14 analysts have set the short term price target of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) at $75.07. The standard deviation of short term price target has been estimated at $7.54, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 85 and $59 respectively.

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) rose 0.29% or 0.22 points on Tuesday and made its way into the gainers of the day. After trading began at $76.97 the stock was seen hitting $77.25 as a peak level and $76.56 as the lowest level. The stock ended up at $77.2. The daily volume was measured at 931,182 shares. The 52-week high of the share price is $77.8925 and the 52-week low is $65.57. The company has a market cap of $10,941 million.

C.H. Robinson Worldwide, Inc., is one of the largest third-party logistics companies in North America. C.H. Robinson is a global provider of multimodal transportation services and logistics solutions, operating through a network of offices in North America, South America and Europe. C.H. Robinson maintains the single largest network of motor carrier capacity in North America through contracts with motor carriers, and is one of the largest third-party providers of intermodal services in the United States. (PRESS RELEASE)


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