Barclays Remains a Hold on Hub Group (HUBG)
Barclays analyst Brandon Oglenski maintained a Hold rating on Hub Group (HUBG – Research Report) on February 7 and set a price target of $50.00. The company’s shares closed last Friday at $41.45.
Oglenski covers the Industrials sector, focusing on stocks such as Frontier Group Holdings, Alaska Air, and Allegiant Travel Company. According to TipRanks, Oglenski has an average return of 10.0% and a 56.88% success rate on recommended stocks.
In addition to Barclays, Hub Group also received a Hold from TD Cowen’s Jason Seidl in a report issued on February 7. However, on the same day, Benchmark Co. maintained a Buy rating on Hub Group (NASDAQ: HUBG).
Based on Hub Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $986.89 million and a net profit of $23.6 million. In comparison, last year the company earned a revenue of $1.02 billion and had a net profit of $30.46 million