TheStreet lowered shares of Roadrunner Transportation Systems (NYSE:RRTS) from a c rating to an e+ rating in a report published on Tuesday, February 6th.
RRTS has been the subject of a number of other research reports. Zacks Investment Research raised shares of Roadrunner Transportation Systems from a sell rating to a hold rating in a report on Friday, February 2nd. BidaskClub raised shares of Roadrunner Transportation Systems from a buy rating to a strong-buy rating in a report on Wednesday, October 25th. Finally, Robert W. Baird reissued a hold rating and issued a $8.00 price target on shares of Roadrunner Transportation Systems in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $8.00.
Roadrunner Transportation Systems (NYSE:RRTS) opened at $3.78 on Tuesday. Roadrunner Transportation Systems has a one year low of $3.77 and a one year high of $9.75.
A number of institutional investors and hedge funds have recently bought and sold shares of RRTS. Dynamic Technology Lab Private Ltd bought a new stake in Roadrunner Transportation Systems in the 2nd quarter valued at $101,000. MetLife Investment Advisors LLC bought a new stake in Roadrunner Transportation Systems during the 4th quarter worth about $122,000. Thrivent Financial For Lutherans lifted its position in Roadrunner Transportation Systems by 5.0% during the 2nd quarter. Thrivent Financial For Lutherans now owns 18,270 shares of the transportation company’s stock worth $133,000 after buying an additional 870 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Roadrunner Transportation Systems during the 4th quarter worth about $134,000. Finally, BNP Paribas Arbitrage SA lifted its position in Roadrunner Transportation Systems by 59.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 17,599 shares of the transportation company’s stock worth $168,000 after buying an additional 6,533 shares in the last quarter. 72.91% of the stock is currently owned by institutional investors and hedge funds.
TRADEMARK VIOLATION WARNING: “Roadrunner Transportation Systems (NYSE:RRTS) Cut to “E+” at TheStreet” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/17/thestreet-lowers-roadrunner-transportation-systems-rrts-to-e.html.
Roadrunner Transportation Systems Company Profile
Roadrunner Transportation Systems, Inc (RRTS) is an asset-light transportation and logistics service provider. The Company offers a suite of global supply chain solutions, including truckload logistics (TL), customized and expedited less-than-truckload (LTL), intermodal solutions (transporting a shipment by over one mode, primarily through rail and truck), freight consolidation, inventory management, expedited services, air freight, international freight forwarding, customs brokerage and transportation management solutions.
Receive News & Ratings for Roadrunner Transportation Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadrunner Transportation Systems and related companies with MarketBeat.com's FREE daily email newsletter.