▲ +38.36% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Covenant Logistics Group in the last 3 months. The average price target is $25.50, with a high forecast of $26.00 and a low forecast of $25.00. The average price target represents a 38.36% upside from the last price of $18.43.
The current consensus among 2 contributing investment analysts is to buy stock in Covenant Logistics Group.
Covenant Transportation Group, Inc., together with its subsidiaries, provides truckload transportation and brokerage services primarily in the continental United States. It offers expedited and dedicated services. The company also provides ancillary services, including freight brokerage and logistics services, warehousing, and accounts receivable factoring; and over-the-road truckload services, as well as transportation management, shuttle, and switching services. It serves transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2018, the company operated 3,154 tractors and 6,950 trailers. Covenant Transportation Group, Inc. was founded in 1986 and is headquartered in Chattanooga, Tennessee.