KeyBanc Capital Markets has upgraded Ryder System Inc. (NYSE:R) from Sector Weight to Overweight in a statement released on 9/14/2017.
On 8/21/2017, Buckingham Research reported about Ryder System Inc. (NYSE:R) raised the target price from $0.00 to $85.00. At the time, this indicated a possible upside of 0.18%.
Just yesterday Ryder System Inc. (NYSE:R) traded 2.19% higher at $79.71. R’s 50-day average is $74.60 and its two hundred day average is $72.09. The last close is up 11.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the date range. Trading volume was down over the average, with 287,136 shares of R changing hands under the typical 879,578
Recent Performance Chart
With a total market value of $0, Ryder System Inc. has P/E ratio of 19.35 with a 52 week low of $62.03 and a 52 week high of $85.42 .
Also covering Ryder System Inc.’s price target, a total of 11 analysts have released a report on R. The one year target is $77.64 with eight equity analysts rating the company a strong buy, one equity analyst rating the company a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
Brief Synopsis On Ryder System Inc. (NYSE:R)
Ryder System, Inc. is engaged in offering transportation and supply chain management solutions. The Company operates through three segments: Fleet Management Solutions (FMS), which provides leasing, commercial rental, contract maintenance, and contract-related maintenance of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Dedicated Transportation Solutions (DTS), which provides vehicles and drivers as part of a dedicated transportation solution in the United States, and Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services in North America and Asia. Through its FMS business, the Company provides its customers with various fleet solutions. In addition, it provides its customers to purchase a selection of used trucks, tractors and trailers through its used vehicle sales program. Its customer base includes enterprises operating in various industries.
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