Analyst Price Target is $93.00
▲ +9.35% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for ArcBest in the last 3 months. The average price target is $93.00, with a high forecast of $115.00 and a low forecast of $60.00. The average price target represents a 9.35% upside from the last price of $85.05.
Current Consensus is
The current consensus among 11 polled investment analysts is to buy stock in ArcBest. This Buy consensus rating has held steady for over two years.
ArcBest Corp. is a logistics company which provides end-to-end supply chain services with a focus on innovation. It operates through the following business segments: Asset-Based, ArcBest and FleetNet. The Asset-Based segment includes national, inter-regional, and regional transportation of general commodities through standard, expedited, and guaranteed less-than-truckload services. The ArcBest segment refers to the operations of the company's expedite, truckload, and truckload-dedicated businesses as well as its premium logistics services; international freight transportation with air, ocean, and ground service offerings. The FleetNet segment covers the operations of FleetNet America, Inc., and certain other subsidiaries that provide roadside assistance and maintenance management services for commercial vehicles through a network of third-party service providers. The company offers full array of logistics solutions to optimize customers supply chains, while continuing to offer asset-based less-than-truckload(LTL) services through the ABF Freight network and ground expedite services under the Panther Premium Logistics brand. Its service offerings also include truckload, dedicated, m