CAI International Inc (NYSE:CAI) gets downgraded to Hold by Wells Fargo & Co with a price target of $22.00

ME Staff
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Analyst Ratings For CAI International Inc (NYSE:CAI)

Today, CAI International Inc (NYSE:CAI) stock was downgraded by Wells Fargo & Co from Outperform to Hold with a price target of $22.00.

There are 5 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CAI International Inc (NYSE:CAI) is Buy with a consensus target price of $34.50 per share, a potential 35.51% upside.

Some recent analyst ratings include

  • 9/28/2018-CAI International Inc (NYSE:CAI) gets downgraded to Hold by Wells Fargo & Co with a price target of $22.00
  • 9/6/2018-CAI International Inc (NYSE:CAI) gets upgraded to Outperform by Keefe, Bruyette & Woods
  • 4/23/2018-CAI International Inc (NYSE:CAI) has coverage initiated with a Buy ➝ Buy rating and $36.00 price target
  • 4/12/2018-CAI International Inc (NYSE:CAI) had its Outperform rating reiterated by William Blair
  • 10/20/2017-CAI International Inc (NYSE:CAI) had its Positive ➝ Buy rating reiterated by SunTrust Banks with a $40.00 price target

Recent Insider Trading Activity For CAI International Inc (NYSE:CAI)
CAI International Inc (NYSE:CAI) has insider ownership of 24.50% and institutional ownership of 88.38%.

  • On 6/1/2018 Victor Garcia, Insider, bought 10,000 with an average share price of $24.25 per share and the total transaction amounting to $242,500.00.
  • On 5/14/2018 Victor Garcia, CEO, bought 2,079 with an average share price of $25.00 per share and the total transaction amounting to $51,975.00.
  • On 5/11/2018 Victor Garcia, CEO, bought 9,921 with an average share price of $25.00 per share and the total transaction amounting to $248,025.00.
  • On 5/1/2018 Andrew Ogawa, Director, sold 1,225,214 with an average share price of $22.81 per share and the total transaction amounting to $27,947,131.34.
  • On 2/20/2018 Ogawa Family Trust, Major Shareholder, sold 1,250,000 with an average share price of $21.58 per share and the total transaction amounting to $26,975,000.00.
  • On 12/7/2017 David G Remington, Director, sold 11,600 with an average share price of $32.63 per share and the total transaction amounting to $378,508.00.
  • On 12/7/2017 Timothy B. Page, CFO, sold 10,184 with an average share price of $33.06 per share and the total transaction amounting to $336,683.04.

About CAI International Inc (NYSE:CAI)
CAI International, Inc. operates as transportation finance and logistics company in the United States and internationally. The company operates through three segments: Container Leasing, Rail Leasing, and Logistics. It leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment. The company leases its container equipment to lessees under long-term, short-term, and finance leases. It also sells containers; and provides container management services to third-party investors, as well as sells used containers. In addition, the company leases railcars consisting of box cars for paper and forest products; covered hoppers for grain, cement, sand, plastic pallets, and other industrial products; general purpose tank cars that are used to transport food-grade, and other liquid and gaseous commodities; gondolas for coal and steel; and general service flat cars. Further, it offers domestic and international logistics services, including intermodal, truck brokerage, port drayage, warehousing, international ocean freight, and freight forwarding, as well as the arrangement and coordination of international air freight services and customs brokerage; international export and import services for full container loads, less than container loads, perishable cargo, project cargo, and airfreight; and transportation management services and technology solutions, including shipment optimization, load consolidation, mode selection, carrier management, load planning and execution, and Web-based shipment visibility. As of December 31, 2017, the company had a container fleet comprised 1,282,739 cost equivalent units; and an owned fleet of 7,172 railcars in North America. The company was formerly known as Container Applications International, Inc. and changed its name to CAI International, Inc. in February 2007. CAI International, Inc. was founded in 1989 and is headquartered in San Francisco, California.

Recent Trading Activity for CAI International Inc (NYSE:CAI)
Shares of CAI International Inc closed the previous trading session at 25,46 +0,50 2,00 % with 25.18 shares trading hands.