Echo Global Logistics, Inc. (NASDAQ:ECHO) price target raised to $32.00 by Credit Suisse Group

Analyst Ratings For Echo Global Logistics, Inc. (NASDAQ:ECHO)

Story continues below

Today, Credit Suisse Group raised its price target on Echo Global Logistics, Inc. (NASDAQ:ECHO) to $32.00 per share.

There are 5 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Echo Global Logistics, Inc. (NASDAQ:ECHO) is Hold with a consensus target price of $34.25 per share, a potential 8.56% upside.

Some recent analyst ratings include

  • 7/26/2018-Cowen Reiterated Rating of Outperform.
  • 6/19/2018-Stifel Nicolaus initiated coverage with a Buy rating.

Recent Insider Trading Activity For Echo Global Logistics, Inc. (NASDAQ:ECHO)
Echo Global Logistics, Inc. (NASDAQ:ECHO) has insider ownership of 3.20% and institutional ownership of 96.75%.

  • On 7/23/2018 Douglas R Waggoner, CEO, sold 40,000 with an average share price of $31.46 per share and the total transaction amounting to $1,258,400.00.
  • On 6/25/2018 Douglas R Waggoner, CEO, sold 40,000 with an average share price of $30.15 per share and the total transaction amounting to $1,206,000.00.
  • On 6/12/2018 Douglas R Waggoner, CEO, sold 29,800 with an average share price of $30.03 per share and the total transaction amounting to $894,894.00.
  • On 6/12/2018 Peter Rogers, Insider, sold 4,501 with an average share price of $30.25 per share and the total transaction amounting to $136,155.25.
  • On 5/30/2018 Douglas R Waggoner, CEO, sold 12,100 with an average share price of $28.01 per share and the total transaction amounting to $338,921.00.
  • On 5/25/2018 Douglas R Waggoner, CEO, sold 12,900 with an average share price of $28.01 per share and the total transaction amounting to $361,329.00.
  • On 5/11/2018 Kyle Sauers, CFO, sold 10,000 with an average share price of $28.16 per share and the total transaction amounting to $281,600.00.

About Echo Global Logistics, Inc. (NASDAQ:ECHO)
Echo Global Logistics, Inc. provides technology-enabled transportation and supply chain management solutions in the United States. It uses a proprietary technology platform to compile and analyze data from its multi-modal network of transportation providers for the transportation and logistics needs. The company offers services in various transportation modes, such as truckload, less-than truckload, small parcel, inter-modal, domestic air, and expedited and international. Its principal transportation management and logistics services include rate negotiation; procurement of transportation; shipment execution and tracking; carrier management, selection, reporting, and compliance; executive dashboard presentations and detailed shipment reports; freight bill payment and audit; claims processing and service refund management; design and management of inbound client freight programs; individually configured Web portals and self-service data warehouses; enterprise resource planning integration with transactional shipment data; and integration of shipping applications into client e-commerce sites, as well as back-end reports customized to the internal reporting needs of the business. The company serves clients operating in various industries, such as manufacturing, construction, food and beverage, consumer products, and retail. Echo Global Logistics, Inc. was founded in 2005 and is headquartered in Chicago, Illinois.

Recent Trading Activity for Echo Global Logistics, Inc. (NASDAQ:ECHO)
Shares of Echo Global Logistics, Inc. closed the previous trading session at 32.00 up +0.80 2.56% with 331033 shares trading hands.

An ad to help with our costs