NASDAQ:CVLG - Covenant Logistics Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $25.50
  • Forecasted Upside: 38.36 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$18.43
▲ +1.09 (6.29%)
1 month | 3 months | 12 months
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Analyst Price Target for CVLG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$25.50
▲ +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.
Buy
The current consensus among 2 contributing investment analysts is to buy stock in Covenant Logistics Group.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/3/2019
  • 0 strong buy ratings
  • 0 buy ratings
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9/1/2019
  • 0 strong buy ratings
  • 0 buy ratings
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11/30/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/28/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/24/2020

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020CowenReiterated RatingBuy$25.00Low
i
8/12/2020StephensBoost Price TargetOverweight$19.00 ➝ $26.00High
i
(Data available from 11/24/2015 forward)
Covenant Logistics Group logo
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.
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Today's Range

Now: $18.43
$17.32
$18.47

50 Day Range

MA: $16.76
$13.68
$19.94

52 Week Range

Now: $18.43
$6.54
$20.70

Volume

8,690 shs

Average Volume

179,832 shs

Market Capitalization

$315.78 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.63