Old Dominion Freight Line Stock Price Target and Analyst Ratings (NASDAQ:ODFL)

Analyst Price Target for ODFL

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.

^$204.29

▼ -1.50% Downside Potential

This price target is based on 13 analysts offering 12 month price targets for Old Dominion Freight Line in the last 3 months. The average price target is $204.29, with a high forecast of $235.00 and a low forecast of $174.00. The average price target represents a -1.50% upside from the last price of $207.39.

Hold

The current consensus among 13 investment analysts is to hold stock in Old Dominion Freight Line. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
4 buy ratings
8 hold ratings
1 sell ratings

Ratings as of

7/27/2019

0 strong buy ratings
5 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

10/25/2019

0 strong buy ratings
5 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

1/23/2020

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

4/22/2020

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

7/21/2020

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

10/19/2020

0 strong buy ratings
4 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

12/18/2020

0 strong buy ratings
5 buy ratings
7 hold ratings
1 sell ratings

Ratings as of

1/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
1/14/2021	Smith Barney Citigroup	Boost Price Target		$200.00 ➝ $225.00	Low	i
1/14/2021	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$187.00 ➝ $214.00	Medium	i
1/14/2021	Stifel Nicolaus	Upgrade	Sell ➝ Hold	$194.00	Medium	i Rating by David Ross at Stifel Nicolaus
1/7/2021	Wolfe Research	Upgrade	Market Perform ➝ Outperform	$221.00	N/A	i
12/10/2020	Morgan Stanley	Boost Price Target	Overweight	$205.00 ➝ $220.00	Low	i
12/4/2020	Evercore ISI	Initiated Coverage	Outperform	$235.00	Low	i
11/30/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$202.00 ➝ $212.00	High	i
11/11/2020	Morgan Stanley	Boost Price Target	Overweight	$190.00 ➝ $205.00	Low	i
10/28/2020	Wells Fargo & Company	Boost Price Target	Equal Weight	$192.00 ➝ $199.00	Low	i
10/15/2020	Bank of America	Boost Price Target	Underperform	$155.00 ➝ $174.00	Low	i
10/5/2020	Morgan Stanley	Boost Price Target	Overweight	$185.00 ➝ $190.00	Low	i
9/23/2020	Wells Fargo & Company	Initiated Coverage	Equal Weight	$192.00	Low	i
9/4/2020	Cowen	Boost Price Target	Market Perform	$168.00 ➝ $184.00	Medium	i
8/31/2020	Morgan Stanley	Boost Price Target	Overweight	$169.00 ➝ $185.00	Low	i Rating by Ravi Shanker at Morgan Stanley
8/27/2020	The Goldman Sachs Group	Boost Price Target	Sell	$141.00 ➝ $172.00	Low	i
8/25/2020	Stifel Nicolaus	Downgrade	Hold ➝ Sell	$123.00 ➝ $156.00	Low	i
8/24/2020	KeyCorp	Boost Price Target	Overweight	$200.00 ➝ $220.00	Low	i
8/5/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$133.00 ➝ $166.00	Low	i
8/3/2020	Morgan Stanley	Boost Price Target	Overweight	$154.00 ➝ $169.00	Low	i Rating by Ravi Shanker at Morgan Stanley
7/31/2020	Credit Suisse Group	Boost Price Target	Neutral	$166.00 ➝ $187.00	Low	i Rating by Allison Landry at Credit Suisse Group AG
7/31/2020	KeyCorp	Boost Price Target	Overweight	$190.00 ➝ $200.00	Low	i
7/16/2020	KeyCorp	Boost Price Target	Overweight	$175.00 ➝ $190.00	Low	i
7/8/2020	Citigroup	Boost Price Target	Neutral	$135.00 ➝ $185.00	Low	i
6/5/2020	Stephens	Boost Price Target	Overweight	$150.00 ➝ $190.00	High	i
5/22/2020	KeyCorp	Boost Price Target	Buy	$155.00 ➝ $165.00	Medium	i
5/11/2020	Morgan Stanley	Boost Price Target	Overweight	$145.00 ➝ $154.00	Low	i Rating by Ravi Shanker at Morgan Stanley
4/27/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$125.00 ➝ $133.00	Low	i
4/24/2020	Stephens	Boost Price Target	Overweight	$135.00 ➝ $150.00	Low	i Rating by Jack Atkins at Stephens
4/24/2020	Credit Suisse Group	Boost Price Target	Neutral	$130.00 ➝ $140.00	Medium	i
4/24/2020	KeyCorp	Boost Price Target	Overweight	$147.00 ➝ $155.00	Medium	i
4/24/2020	Cowen	Lower Price Target	Market Perform	$205.00 ➝ $138.00	Medium	i
4/22/2020	Citigroup	Lower Price Target	Neutral	$132.00 ➝ $128.00	Low	i Rating by Christian Wetherbee at Citigroup Inc.
4/20/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$181.00 ➝ $125.00	High	i
4/19/2020	Bank of America	Downgrade	Neutral ➝ Underperform		High	i Rating by Ariel Rosa at Bank of America Co.
4/8/2020	Morgan Stanley	Boost Price Target	Overweight	$136.67 ➝ $145.00	Low	i Rating by Ravi Shanker at Morgan Stanley
4/8/2020	Bank of America	Downgrade	Neutral ➝ Underperform	$120.00	High	i Rating by Ariel Rosa at Bank of America Co.
4/7/2020	KeyCorp	Lower Price Target	Overweight	$220.00 ➝ $147.00	Low	i
4/2/2020	Citigroup	Boost Price Target	Average ➝ Neutral	$132.00 ➝ $146.00	Low	i Rating by Christian Wetherbee at Citigroup Inc.
3/23/2020	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight		Medium	i
3/20/2020	Stifel Nicolaus	Upgrade	Sell ➝ Hold	$102.00 ➝ $103.33	High	i
3/17/2020	Bank of America	Upgrade	Underperform ➝ Neutral	$126.67 ➝ $120.00	High	i Rating by Ariel Rosa at Bank of America Co.
3/12/2020	Deutsche Bank Aktiengesellschaft	Lower Price Target	Hold	$121.33 ➝ $120.67	Low	i
2/20/2020	KeyCorp	Boost Price Target	Overweight	$156.67 ➝ $163.33	Low	i
2/11/2020	Morgan Stanley	Boost Price Target	Equal Weight	$133.33 ➝ $146.67	Low	i
2/7/2020	KeyCorp	Boost Price Target	Overweight	$140.00 ➝ $156.67	Medium	i
12/5/2019	The Goldman Sachs Group	Initiated Coverage	Sell	$115.33	Medium	i
12/4/2019	Bank of America	Boost Price Target	Underperform	$114.67 ➝ $116.67	Low	i Rating by Ariel Rosa at Bank of America Co.
10/29/2019	Argus	Boost Price Target	Buy ➝ Positive	$136.67	Low	i
10/25/2019	Stephens	Set Price Target	Buy	$135.33	Low	i Rating by Jack Atkins at Stephens
10/25/2019	Citigroup	Set Price Target	Hold	$123.33	N/A	i Rating by Christian Wetherbee at Citigroup Inc.
10/25/2019	KeyCorp	Reiterated Rating	Overweight		High	i Rating by Todd Fowler at KeyCorp
10/25/2019	Stifel Nicolaus	Downgrade	Hold ➝ Sell	$98.67 ➝ $103.33	High	i
9/27/2019	Bank of America	Downgrade	Neutral ➝ Underperform	$110.67	Low	i Rating by Ariel Rosa at Bank of America Co.
8/9/2019	Morgan Stanley	Set Price Target	Hold	$97.33	Medium	i Rating by Ravi Shanker at Morgan Stanley
7/26/2019	Robert W. Baird	Set Price Target	Hold	$108.00	Low	i Rating by Benjamin Hartford at Robert W. Baird
7/26/2019	Credit Suisse Group	Boost Price Target	Neutral	$101.33 ➝ $106.67	Low	i
7/26/2019	KeyCorp	Boost Price Target	Overweight	$110.00 ➝ $116.67	Low	i
7/11/2019	Credit Suisse Group	Downgrade	Outperform ➝ Neutral		Medium	i
7/8/2019	Morgan Stanley	Set Price Target	Hold	$96.00	Low	i Rating by Ravi Shanker at Morgan Stanley
7/2/2019	Mizuho	Reiterated Rating	Hold	$100.67	Low	i
6/20/2019	Bank of America	Reiterated Rating	Neutral ➝ Neutral	$96.00 ➝ $100.00	Low	i Rating by Ariel Rosa at Bank of America Co.
6/6/2019	Bank of America	Lower Price Target	Neutral	$104.67 ➝ $96.00	Low	i Rating by Ariel Rosa at Bank of America Co.
4/11/2019	Citigroup	Boost Price Target	Neutral	$96.67 ➝ $103.33	Low	i
4/5/2019	Seaport Global Securities	Reiterated Rating	Buy		Low	i Rating by K. Sterling at Seaport Global Securities
2/26/2019	Bank of America	Downgrade	Buy ➝ Neutral	$102.67 ➝ $105.33	Low	i Rating by Ariel Rosa at Bank of America Co.
2/8/2019	KeyCorp	Boost Price Target	Overweight	$100.00 ➝ $106.67	Low	i
2/7/2019	Cowen	Boost Price Target	Market Perform ➝ Market Perform	$88.67 ➝ $94.67	Low	i
1/15/2019	Credit Suisse Group	Reiterated Rating	Buy	$98.00	Low	i
10/30/2018	Bank of America	Upgrade	Underperform ➝ Buy	$92.67	High	i
10/29/2018	Argus	Lower Price Target	Buy ➝ Buy	$116.67 ➝ $96.67	Low	i
10/26/2018	Buckingham Research	Lower Price Target	Neutral ➝ Neutral	$102.67 ➝ $100.00	N/A	i
10/26/2018	Credit Suisse Group	Lower Price Target	Outperform ➝ Outperform	$106.00 ➝ $99.33	N/A	i
10/26/2018	KeyCorp	Lower Price Target	Overweight ➝ Overweight	$120.00 ➝ $100.00	Low	i
10/24/2018	Deutsche Bank Aktiengesellschaft	Upgrade	Sell ➝ Hold	$87.33	Medium	i Rating by Amit Mehrotra at Deutsche Bank Aktiengesellschaft
10/22/2018	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$106.67 ➝ $97.33	Low	i Rating by Ravi Shanker at Morgan Stanley
10/12/2018	Buckingham Research	Lower Price Target	Neutral	$108.00 ➝ $102.67	Low	i
10/9/2018	Morgan Stanley	Boost Price Target	Overweight ➝ Buy	$105.33 ➝ $106.67	Medium	i Rating by Ravi Shanker at Morgan Stanley
8/30/2018	Bank of America	Boost Price Target	Underperform ➝ Underperform	$92.67 ➝ $95.33	Low	i
7/27/2018	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$102.67 ➝ $105.33	Low	i
7/27/2018	Stifel Nicolaus	Reiterated Rating	Hold		Low	i
7/27/2018	Buckingham Research	Boost Price Target	Neutral ➝ Neutral	$103.33 ➝ $108.00	Low	i
7/27/2018	Cowen	Boost Price Target	Market Perform	$96.67 ➝ $104.00	Low	i
7/2/2018	KeyCorp	Boost Price Target	Overweight ➝ Overweight	$110.00 ➝ $113.33	Low	i
5/23/2018	Argus	Initiated Coverage	Buy	$116.67	Medium	i
4/30/2018	Cowen	Reiterated Rating	Market Perform ➝ Market Perform	$90.67 ➝ $96.67	Low	i
4/10/2018	Robert W. Baird	Reiterated Rating	Hold	$96.67	Medium	i
4/10/2018	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$96.00	Medium	i
3/8/2018	Bank of America	Boost Price Target	Underperform ➝ Underperform	$84.67 ➝ $88.67	Low	i Rating by Ariel Rosa at Bank of America Co.
2/21/2018	Morgan Stanley	Reiterated Rating	Overweight ➝ Overweight	$66.00 ➝ $100.00	Low	i
2/9/2018	Buckingham Research	Boost Price Target	Neutral ➝ Neutral	$96.00 ➝ $102.00	Medium	i
2/8/2018	Cowen	Reiterated Rating	Market Perform ➝ Market Perform	$75.33 ➝ $90.67	Medium	i
1/18/2018	Stifel Nicolaus	Reiterated Rating	Hold	$89.33	Low	i
12/13/2017	Stifel Nicolaus	Reiterated Rating	Buy ➝ Buy	$74.00 ➝ $78.00	Low	i
12/6/2017	Credit Suisse Group	Reiterated Rating	Buy	$85.33 ➝ $94.67	Low	i
12/5/2017	Seaport Global Securities	Reiterated Rating	Buy		Low	i Rating by K. Sterling at Seaport Global Securities
12/5/2017	KeyCorp	Boost Price Target	Overweight ➝ Overweight	$83.33 ➝ $92.00	Low	i
12/4/2017	Deutsche Bank Aktiengesellschaft	Downgrade	Hold ➝ Sell	$79.33 ➝ $67.33	Low	i
10/27/2017	Buckingham Research	Boost Price Target	Neutral	$70.00 ➝ $84.67	N/A	i
10/27/2017	Citigroup	Boost Price Target	Neutral	$73.33 ➝ $80.00	N/A	i
10/26/2017	Stifel Nicolaus	Reiterated Rating	Hold	$74.00	N/A	i
10/12/2017	KeyCorp	Reiterated Rating	Buy	$76.67	N/A	i
10/12/2017	Credit Suisse Group	Reiterated Rating	Outperform	$73.33 ➝ $79.33	N/A	i
10/10/2017	Bank of America	Downgrade	Neutral ➝ Underperform	$70.00 ➝ $68.00	N/A	i Rating by Ariel Rosa at Bank of America Co.
10/6/2017	Robert W. Baird	Reiterated Rating	Hold	$75.33	N/A	i
10/5/2017	Morgan Stanley	Boost Price Target	Overweight	$58.00 ➝ $60.67	N/A	i
9/1/2017	Cowen	Reiterated Rating	Hold	$66.67	Low	i
8/21/2017	Buckingham Research	Initiated Coverage	Neutral ➝ Neutral	$70.00	Medium	i
7/31/2017	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$72.00 ➝ $65.33	Medium	i
7/14/2017	Stifel Nicolaus	Reiterated Rating	Hold	$60.67	Low	i
7/13/2017	Credit Suisse Group	Reiterated Rating	Outperform	$67.33 ➝ $72.67	Low	i
6/6/2017	Bank of America	Upgrade	Underperform ➝ Neutral	$55.33 ➝ $64.00	Low	i
4/27/2017	Cowen	Boost Price Target	Market Perform ➝ Market Perform	$58.67 ➝ $61.33	Low	i
4/13/2017	Vertical Research	Reiterated Rating	Hold	$55.33	High	i
3/6/2017	Credit Suisse Group	Reiterated Rating	Outperform	$61.33 ➝ $64.00	N/A	i
2/5/2017	Credit Suisse Group	Reiterated Rating	Buy	$61.33	N/A	i
12/16/2016	Seaport Global Securities	Reiterated Rating	Buy	$70.00	N/A	i Rating by R. Wood at Seaport Global Securities
11/29/2016	KeyCorp	Boost Price Target	Overweight	$60.67 ➝ $63.33	N/A	i
11/14/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Top Pick	$60.00	N/A	i
11/2/2016	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$60.00	N/A	i
10/28/2016	Bank of America	Downgrade	Neutral ➝ Underperform		N/A	i
10/9/2016	KeyCorp	Reiterated Rating	Buy	$50.00	N/A	i
7/29/2016	Deutsche Bank Aktiengesellschaft	Boost Price Target	Hold	$44.67 ➝ $47.33	N/A	i
7/28/2016	Cowen	Boost Price Target	Market Perform	$42.00 ➝ $48.67	N/A	i
6/2/2016	Longbow Research	Reiterated Rating	Buy		N/A	i Rating by Matthew Brooklier at Longbow Research
4/30/2016	Morgan Stanley	Reiterated Rating	Buy		N/A	i Rating by Ravi Shanker at Morgan Stanley
4/29/2016	Cowen	Boost Price Target	Market Perform	$43.33 ➝ $46.00	N/A	i
4/28/2016	Stifel Nicolaus	Downgrade	Buy ➝ Hold		N/A	i
3/2/2016	Credit Suisse Group	Reiterated Rating	Buy	$42.67 ➝ $46.67	N/A	i
2/23/2016	Morgan Stanley	Reiterated Rating	Overweight	$49.33	N/A	i
2/10/2016	Deutsche Bank Aktiengesellschaft	Reiterated Rating	Hold		N/A	i Rating by Robert Salmon at Deutsche Bank Aktiengesellschaft
2/5/2016	Evercore ISI	Boost Price Target	Hold	$42.67	N/A	i

(Data available from 1/17/2016 forward)

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2019, it owned 9,296 tractors, as well as operated 236 service and 42 maintenance centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.

Today's Range

Now: $207.39

$202.46

$208.58

50 Day Range

MA: $200.52

$190.69

$211.04

52 Week Range

Now: $207.39

$105.80

$213.66

Volume

777,267 shs

Average Volume

623,561 shs

Market Capitalization

$24.33 billion

P/E Ratio

39.35

Dividend Yield

0.30%

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Old Dominion Freight Line?

The following sell-side analysts have issued research reports on Old Dominion Freight Line in the last twelve months: Bank of America Co., Citigroup Inc., Cowen Inc, Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, KeyCorp, Morgan Stanley, Smith Barney Citigroup, Stephens, Stifel Nicolaus, The Goldman Sachs Group, Inc., Wells Fargo & Company, Wolfe Research, and Zacks Investment Research.

What is the current price target for Old Dominion Freight Line?

14 Wall Street analysts have set twelve-month price targets for Old Dominion Freight Line in the last year. Their average twelve-month price target is $204.29, suggesting a possible downside of 1.5%. Evercore ISI has the highest price target set, predicting ODFL will reach $235.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $174.00 for Old Dominion Freight Line in the next year.

What is the current consensus analyst rating for Old Dominion Freight Line?

Old Dominion Freight Line currently has 1 sell rating, 7 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ODFL, but not buy more shares or sell existing shares.

What other companies compete with Old Dominion Freight Line?

Other companies that are similar to Old Dominion Freight Line include J.B. Hunt Transport Services, AMERCO, Knight-Swift Transportation, Landstar System, Saia, Ryder System, Werner Enterprises, Avis Budget Group, Heartland Express, Marten Transport, FRP and Hertz Global.

How do I contact Old Dominion Freight Line's investor relations team?

Old Dominion Freight Line's physical mailing address is 500 OLD DOMINION WAY, THOMASVILLE NC, 27360. The transportation company's listed phone number is 336-889-5000 and its investor relations email address is investor.relations@odfl.com. The official website for Old Dominion Freight Line is www.odfl.com.

NASDAQ:ODFL - Old Dominion Freight Line Stock Price Target and Predictions

Analyst Price Target for ODFL

Past Monthly Recommendations

Latest Recommendations

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Old Dominion Freight Line?

What is the current price target for Old Dominion Freight Line?

What is the current consensus analyst rating for Old Dominion Freight Line?

What other companies compete with Old Dominion Freight Line?

How do I contact Old Dominion Freight Line's investor relations team?