Robert W. Baird reiterated their hold rating on shares of Roadrunner Transportation Systems Inc (NASDAQ:RRTS) in a report released on Sunday. They currently have a $8.00 price target on the stock.

Separately, BidaskClub upgraded Roadrunner Transportation Systems from a strong sell rating to a sell rating in a research report on Wednesday, August 30th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $9.67.

Shares of Roadrunner Transportation Systems (RRTS) opened at 9.52 on Friday. Roadrunner Transportation Systems has a 12-month low of $6.05 and a 12-month high of $11.88. The company’s 50-day moving average is $7.76 and its 200-day moving average is $7.01. The company has a market cap of $365.00 million and a price-to-earnings ratio of 14.71.

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Several institutional investors and hedge funds have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Roadrunner Transportation Systems in the second quarter worth $101,000. Arizona State Retirement System raised its position in shares of Roadrunner Transportation Systems by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 15,828 shares of the company’s stock valued at $115,000 after purchasing an additional 100 shares during the period. Denver Investment Advisors LLC bought a new stake in shares of Roadrunner Transportation Systems during the 2nd quarter valued at $118,000. Thrivent Financial For Lutherans raised its position in shares of Roadrunner Transportation Systems by 5.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 18,270 shares of the company’s stock valued at $133,000 after purchasing an additional 870 shares during the period. Finally, Stevens Capital Management LP bought a new stake in shares of Roadrunner Transportation Systems during the 2nd quarter valued at $136,000.

About Roadrunner Transportation Systems

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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