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Barclays Remains a Hold on Hub Group (HUBG)

Published 2 months ago1 minute read

Barclays analyst Brandon Oglenski maintained a Hold rating on Hub Group (HUBGResearch 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

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