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

  • Consensus Rating: Hold
  • Consensus Price Target: $204.29
  • Forecasted Upside: -1.50 %
  • Number of Analysts: 13
  • Breakdown:
  • 1 Sell Ratings
  • 7 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$207.39
▼ -0.12 (-0.06%)
1 month | 3 months | 12 months
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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
7/27/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 1 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 1 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 1 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 7 hold ratings
  • 1 sell ratings
12/18/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 7 hold ratings
  • 1 sell ratings
1/17/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/14/2021Smith Barney CitigroupBoost Price Target$200.00 ➝ $225.00Low
i
1/14/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$187.00 ➝ $214.00Medium
i
1/14/2021Stifel NicolausUpgradeSell ➝ Hold$194.00Medium
i
Rating by David Ross at Stifel Nicolaus
1/7/2021Wolfe ResearchUpgradeMarket Perform ➝ Outperform$221.00N/A
i
12/10/2020Morgan StanleyBoost Price TargetOverweight$205.00 ➝ $220.00Low
i
12/4/2020Evercore ISIInitiated CoverageOutperform$235.00Low
i
11/30/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$202.00 ➝ $212.00High
i
11/11/2020Morgan StanleyBoost Price TargetOverweight$190.00 ➝ $205.00Low
i
10/28/2020Wells Fargo & CompanyBoost Price TargetEqual Weight$192.00 ➝ $199.00Low
i
10/15/2020Bank of AmericaBoost Price TargetUnderperform$155.00 ➝ $174.00Low
i
10/5/2020Morgan StanleyBoost Price TargetOverweight$185.00 ➝ $190.00Low
i
9/23/2020Wells Fargo & CompanyInitiated CoverageEqual Weight$192.00Low
i
9/4/2020CowenBoost Price TargetMarket Perform$168.00 ➝ $184.00Medium
i
8/31/2020Morgan StanleyBoost Price TargetOverweight$169.00 ➝ $185.00Low
i
Rating by Ravi Shanker at Morgan Stanley
8/27/2020The Goldman Sachs GroupBoost Price TargetSell$141.00 ➝ $172.00Low
i
8/25/2020Stifel NicolausDowngradeHold ➝ Sell$123.00 ➝ $156.00Low
i
8/24/2020KeyCorpBoost Price TargetOverweight$200.00 ➝ $220.00Low
i
8/5/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$133.00 ➝ $166.00Low
i
8/3/2020Morgan StanleyBoost Price TargetOverweight$154.00 ➝ $169.00Low
i
Rating by Ravi Shanker at Morgan Stanley
7/31/2020Credit Suisse GroupBoost Price TargetNeutral$166.00 ➝ $187.00Low
i
Rating by Allison Landry at Credit Suisse Group AG
7/31/2020KeyCorpBoost Price TargetOverweight$190.00 ➝ $200.00Low
i
7/16/2020KeyCorpBoost Price TargetOverweight$175.00 ➝ $190.00Low
i
7/8/2020CitigroupBoost Price TargetNeutral$135.00 ➝ $185.00Low
i
6/5/2020StephensBoost Price TargetOverweight$150.00 ➝ $190.00High
i
5/22/2020KeyCorpBoost Price TargetBuy$155.00 ➝ $165.00Medium
i
5/11/2020Morgan StanleyBoost Price TargetOverweight$145.00 ➝ $154.00Low
i
Rating by Ravi Shanker at Morgan Stanley
4/27/2020Deutsche Bank AktiengesellschaftBoost Price TargetHold$125.00 ➝ $133.00Low
i
4/24/2020StephensBoost Price TargetOverweight$135.00 ➝ $150.00Low
i
Rating by Jack Atkins at Stephens
4/24/2020Credit Suisse GroupBoost Price TargetNeutral$130.00 ➝ $140.00Medium
i
4/24/2020KeyCorpBoost Price TargetOverweight$147.00 ➝ $155.00Medium
i
4/24/2020CowenLower Price TargetMarket Perform$205.00 ➝ $138.00Medium
i
4/22/2020CitigroupLower Price TargetNeutral$132.00 ➝ $128.00Low
i
Rating by Christian Wetherbee at Citigroup Inc.
4/20/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$181.00 ➝ $125.00High
i
4/19/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
i
Rating by Ariel Rosa at Bank of America Co.
4/8/2020Morgan StanleyBoost Price TargetOverweight$136.67 ➝ $145.00Low
i
Rating by Ravi Shanker at Morgan Stanley
4/8/2020Bank of AmericaDowngradeNeutral ➝ Underperform$120.00High
i
Rating by Ariel Rosa at Bank of America Co.
4/7/2020KeyCorpLower Price TargetOverweight$220.00 ➝ $147.00Low
i
4/2/2020CitigroupBoost Price TargetAverage ➝ Neutral$132.00 ➝ $146.00Low
i
Rating by Christian Wetherbee at Citigroup Inc.
3/23/2020Morgan StanleyUpgradeEqual Weight ➝ OverweightMedium
i
3/20/2020Stifel NicolausUpgradeSell ➝ Hold$102.00 ➝ $103.33High
i
3/17/2020Bank of AmericaUpgradeUnderperform ➝ Neutral$126.67 ➝ $120.00High
i
Rating by Ariel Rosa at Bank of America Co.
3/12/2020Deutsche Bank AktiengesellschaftLower Price TargetHold$121.33 ➝ $120.67Low
i
2/20/2020KeyCorpBoost Price TargetOverweight$156.67 ➝ $163.33Low
i
2/11/2020Morgan StanleyBoost Price TargetEqual Weight$133.33 ➝ $146.67Low
i
2/7/2020KeyCorpBoost Price TargetOverweight$140.00 ➝ $156.67Medium
i
12/5/2019The Goldman Sachs GroupInitiated CoverageSell$115.33Medium
i
12/4/2019Bank of AmericaBoost Price TargetUnderperform$114.67 ➝ $116.67Low
i
Rating by Ariel Rosa at Bank of America Co.
10/29/2019ArgusBoost Price TargetBuy ➝ Positive$136.67Low
i
10/25/2019StephensSet Price TargetBuy$135.33Low
i
Rating by Jack Atkins at Stephens
10/25/2019CitigroupSet Price TargetHold$123.33N/A
i
Rating by Christian Wetherbee at Citigroup Inc.
10/25/2019KeyCorpReiterated RatingOverweightHigh
i
Rating by Todd Fowler at KeyCorp
10/25/2019Stifel NicolausDowngradeHold ➝ Sell$98.67 ➝ $103.33High
i
9/27/2019Bank of AmericaDowngradeNeutral ➝ Underperform$110.67Low
i
Rating by Ariel Rosa at Bank of America Co.
8/9/2019Morgan StanleySet Price TargetHold$97.33Medium
i
Rating by Ravi Shanker at Morgan Stanley
7/26/2019Robert W. BairdSet Price TargetHold$108.00Low
i
Rating by Benjamin Hartford at Robert W. Baird
7/26/2019Credit Suisse GroupBoost Price TargetNeutral$101.33 ➝ $106.67Low
i
7/26/2019KeyCorpBoost Price TargetOverweight$110.00 ➝ $116.67Low
i
7/11/2019Credit Suisse GroupDowngradeOutperform ➝ NeutralMedium
i
7/8/2019Morgan StanleySet Price TargetHold$96.00Low
i
Rating by Ravi Shanker at Morgan Stanley
7/2/2019MizuhoReiterated RatingHold$100.67Low
i
6/20/2019Bank of AmericaReiterated RatingNeutral ➝ Neutral$96.00 ➝ $100.00Low
i
Rating by Ariel Rosa at Bank of America Co.
6/6/2019Bank of AmericaLower Price TargetNeutral$104.67 ➝ $96.00Low
i
Rating by Ariel Rosa at Bank of America Co.
4/11/2019CitigroupBoost Price TargetNeutral$96.67 ➝ $103.33Low
i
4/5/2019Seaport Global SecuritiesReiterated RatingBuyLow
i
Rating by K. Sterling at Seaport Global Securities
2/26/2019Bank of AmericaDowngradeBuy ➝ Neutral$102.67 ➝ $105.33Low
i
Rating by Ariel Rosa at Bank of America Co.
2/8/2019KeyCorpBoost Price TargetOverweight$100.00 ➝ $106.67Low
i
2/7/2019CowenBoost Price TargetMarket Perform ➝ Market Perform$88.67 ➝ $94.67Low
i
1/15/2019Credit Suisse GroupReiterated RatingBuy$98.00Low
i
10/30/2018Bank of AmericaUpgradeUnderperform ➝ Buy$92.67High
i
10/29/2018ArgusLower Price TargetBuy ➝ Buy$116.67 ➝ $96.67Low
i
10/26/2018Buckingham ResearchLower Price TargetNeutral ➝ Neutral$102.67 ➝ $100.00N/A
i
10/26/2018Credit Suisse GroupLower Price TargetOutperform ➝ Outperform$106.00 ➝ $99.33N/A
i
10/26/2018KeyCorpLower Price TargetOverweight ➝ Overweight$120.00 ➝ $100.00Low
i
10/24/2018Deutsche Bank AktiengesellschaftUpgradeSell ➝ Hold$87.33Medium
i
Rating by Amit Mehrotra at Deutsche Bank Aktiengesellschaft
10/22/2018Morgan StanleyDowngradeOverweight ➝ Equal Weight$106.67 ➝ $97.33Low
i
Rating by Ravi Shanker at Morgan Stanley
10/12/2018Buckingham ResearchLower Price TargetNeutral$108.00 ➝ $102.67Low
i
10/9/2018Morgan StanleyBoost Price TargetOverweight ➝ Buy$105.33 ➝ $106.67Medium
i
Rating by Ravi Shanker at Morgan Stanley
8/30/2018Bank of AmericaBoost Price TargetUnderperform ➝ Underperform$92.67 ➝ $95.33Low
i
7/27/2018Morgan StanleyBoost Price TargetOverweight ➝ Overweight$102.67 ➝ $105.33Low
i
7/27/2018Stifel NicolausReiterated RatingHoldLow
i
7/27/2018Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$103.33 ➝ $108.00Low
i
7/27/2018CowenBoost Price TargetMarket Perform$96.67 ➝ $104.00Low
i
7/2/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$110.00 ➝ $113.33Low
i
5/23/2018ArgusInitiated CoverageBuy$116.67Medium
i
4/30/2018CowenReiterated RatingMarket Perform ➝ Market Perform$90.67 ➝ $96.67Low
i
4/10/2018Robert W. BairdReiterated RatingHold$96.67Medium
i
4/10/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$96.00Medium
i
3/8/2018Bank of AmericaBoost Price TargetUnderperform ➝ Underperform$84.67 ➝ $88.67Low
i
Rating by Ariel Rosa at Bank of America Co.
2/21/2018Morgan StanleyReiterated RatingOverweight ➝ Overweight$66.00 ➝ $100.00Low
i
2/9/2018Buckingham ResearchBoost Price TargetNeutral ➝ Neutral$96.00 ➝ $102.00Medium
i
2/8/2018CowenReiterated RatingMarket Perform ➝ Market Perform$75.33 ➝ $90.67Medium
i
1/18/2018Stifel NicolausReiterated RatingHold$89.33Low
i
12/13/2017Stifel NicolausReiterated RatingBuy ➝ Buy$74.00 ➝ $78.00Low
i
12/6/2017Credit Suisse GroupReiterated RatingBuy$85.33 ➝ $94.67Low
i
12/5/2017Seaport Global SecuritiesReiterated RatingBuyLow
i
Rating by K. Sterling at Seaport Global Securities
12/5/2017KeyCorpBoost Price TargetOverweight ➝ Overweight$83.33 ➝ $92.00Low
i
12/4/2017Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell$79.33 ➝ $67.33Low
i
10/27/2017Buckingham ResearchBoost Price TargetNeutral$70.00 ➝ $84.67N/A
i
10/27/2017CitigroupBoost Price TargetNeutral$73.33 ➝ $80.00N/A
i
10/26/2017Stifel NicolausReiterated RatingHold$74.00N/A
i
10/12/2017KeyCorpReiterated RatingBuy$76.67N/A
i
10/12/2017Credit Suisse GroupReiterated RatingOutperform$73.33 ➝ $79.33N/A
i
10/10/2017Bank of AmericaDowngradeNeutral ➝ Underperform$70.00 ➝ $68.00N/A
i
Rating by Ariel Rosa at Bank of America Co.
10/6/2017Robert W. BairdReiterated RatingHold$75.33N/A
i
10/5/2017Morgan StanleyBoost Price TargetOverweight$58.00 ➝ $60.67N/A
i
9/1/2017CowenReiterated RatingHold$66.67Low
i
8/21/2017Buckingham ResearchInitiated CoverageNeutral ➝ Neutral$70.00Medium
i
7/31/2017Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$72.00 ➝ $65.33Medium
i
7/14/2017Stifel NicolausReiterated RatingHold$60.67Low
i
7/13/2017Credit Suisse GroupReiterated RatingOutperform$67.33 ➝ $72.67Low
i
6/6/2017Bank of AmericaUpgradeUnderperform ➝ Neutral$55.33 ➝ $64.00Low
i
4/27/2017CowenBoost Price TargetMarket Perform ➝ Market Perform$58.67 ➝ $61.33Low
i
4/13/2017Vertical ResearchReiterated RatingHold$55.33High
i
3/6/2017Credit Suisse GroupReiterated RatingOutperform$61.33 ➝ $64.00N/A
i
2/5/2017Credit Suisse GroupReiterated RatingBuy$61.33N/A
i
12/16/2016Seaport Global SecuritiesReiterated RatingBuy$70.00N/A
i
Rating by R. Wood at Seaport Global Securities
11/29/2016KeyCorpBoost Price TargetOverweight$60.67 ➝ $63.33N/A
i
11/14/2016Deutsche Bank AktiengesellschaftReiterated RatingTop Pick$60.00N/A
i
11/2/2016Deutsche Bank AktiengesellschaftInitiated CoverageBuy$60.00N/A
i
10/28/2016Bank of AmericaDowngradeNeutral ➝ UnderperformN/A
i
10/9/2016KeyCorpReiterated RatingBuy$50.00N/A
i
7/29/2016Deutsche Bank AktiengesellschaftBoost Price TargetHold$44.67 ➝ $47.33N/A
i
7/28/2016CowenBoost Price TargetMarket Perform$42.00 ➝ $48.67N/A
i
6/2/2016Longbow ResearchReiterated RatingBuyN/A
i
Rating by Matthew Brooklier at Longbow Research
4/30/2016Morgan StanleyReiterated RatingBuyN/A
i
Rating by Ravi Shanker at Morgan Stanley
4/29/2016CowenBoost Price TargetMarket Perform$43.33 ➝ $46.00N/A
i
4/28/2016Stifel NicolausDowngradeBuy ➝ HoldN/A
i
3/2/2016Credit Suisse GroupReiterated RatingBuy$42.67 ➝ $46.67N/A
i
2/23/2016Morgan StanleyReiterated RatingOverweight$49.33N/A
i
2/10/2016Deutsche Bank AktiengesellschaftReiterated RatingHoldN/A
i
Rating by Robert Salmon at Deutsche Bank Aktiengesellschaft
2/5/2016Evercore ISIBoost Price TargetHold$42.67N/A
i
(Data available from 1/17/2016 forward)
Old Dominion Freight Line logo
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.
Read More

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

1

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?

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.