Stifel Nicolaus Raises Roadrunner Transportation Systems Inc. (RRTS) Price Target to $12.00

Stifel Nicolaus Raises Roadrunner Transportation Systems Inc. (RRTS) Price Target to $12.00

Roadrunner Transportation Systems Inc. (NYSE:RRTS) had its price objective increased by Stifel Nicolaus from $11.00 to $12.00 in a research report released on Wednesday, reports. They currently have a buy rating on the stock.

Separately, Deutsche Bank AG began coverage on Roadrunner Transportation Systems in a research note on Wednesday, November 2nd. They issued a hold rating and a $9.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $11.10.

Shares of Roadrunner Transportation Systems (NYSE:RRTS) opened at 10.49 on Wednesday. The company has a market capitalization of $402.19 million, a PE ratio of 16.21 and a beta of 0.91. The company has a 50-day moving average price of $10.21 and a 200-day moving average price of $8.50. Roadrunner Transportation Systems has a 52 week low of $6.39 and a 52 week high of $13.67.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.

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