C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) had its target price increased by Credit Suisse Group from $68.00 to $69.00 in a research report released on Thursday morning. The firm currently has an underperform rating on the transportation company’s stock.

A number of other research analysts have also recently commented on the company. Barclays PLC upped their price target on C.H. Robinson Worldwide from $70.00 to $75.00 and gave the company an equal weight rating in a research report on Thursday. Cowen and Company upped their price target on C.H. Robinson Worldwide from $87.00 to $88.00 and gave the company an outperform rating in a research report on Thursday. Oppenheimer Holdings, Inc. reaffirmed a hold rating on shares of C.H. Robinson Worldwide in a research report on Wednesday. Stifel Nicolaus upped their price target on C.H. Robinson Worldwide from $71.00 to $82.00 and gave the company a hold rating in a research report on Wednesday. Finally, Zacks Investment Research raised C.H. Robinson Worldwide from a hold rating to a buy rating and set a $85.00 price objective on the stock in a report on Wednesday, October 18th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $77.00.

Shares of C.H. Robinson Worldwide (CHRW) traded down $0.11 during trading hours on Thursday, reaching $79.44. The company’s stock had a trading volume of 2,327,213 shares, compared to its average volume of 1,678,177. The company has a market cap of $11,147.50, a P/E ratio of 23.71, a PEG ratio of 2.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 1.27. C.H. Robinson Worldwide has a 52-week low of $63.41 and a 52-week high of $81.35.

C.H. Robinson Worldwide (NASDAQ:CHRW) last announced its quarterly earnings data on Tuesday, October 31st. The transportation company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. C.H. Robinson Worldwide had a return on equity of 36.06% and a net margin of 3.31%. The firm had revenue of $3.78 billion during the quarter, compared to the consensus estimate of $3.65 billion. During the same quarter in the prior year, the company earned $0.90 EPS. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. sell-side analysts forecast that C.H. Robinson Worldwide will post 3.3 EPS for the current year.

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In other news, VP Angela K. Freeman sold 1,200 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $68.72, for a total transaction of $82,464.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.85% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. GW Henssler & Associates Ltd. increased its position in shares of C.H. Robinson Worldwide by 1.4% during the 3rd quarter. GW Henssler & Associates Ltd. now owns 164,177 shares of the transportation company’s stock valued at $12,494,000 after purchasing an additional 2,302 shares during the last quarter. FDx Advisors Inc. increased its position in shares of C.H. Robinson Worldwide by 3.7% during the 3rd quarter. FDx Advisors Inc. now owns 27,547 shares of the transportation company’s stock valued at $2,096,000 after purchasing an additional 976 shares during the last quarter. Global X MANAGEMENT CO LLC increased its position in shares of C.H. Robinson Worldwide by 14.3% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 5,720 shares of the transportation company’s stock valued at $435,000 after purchasing an additional 714 shares during the last quarter. Swiss National Bank increased its position in shares of C.H. Robinson Worldwide by 0.8% during the 3rd quarter. Swiss National Bank now owns 678,328 shares of the transportation company’s stock valued at $51,621,000 after purchasing an additional 5,300 shares during the last quarter. Finally, Nicolet Bankshares Inc. bought a new position in shares of C.H. Robinson Worldwide during the 3rd quarter valued at about $202,000. Hedge funds and other institutional investors own 89.17% of the company’s stock.

About C.H. Robinson Worldwide

C.H. Robinson Worldwide, Inc is a provider of transportation services and logistics solutions through a network of offices operating in North America, Europe, Asia, Australia, New Zealand and South America. The Company’s segments include North American Surface Transportation (NAST), Global Forwarding, Robinson Fresh, and All Other and Corporate.

Analyst Recommendations for C.H. Robinson Worldwide (NASDAQ:CHRW)

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