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NASDAQ:CVTI - Covenant Transportation Group Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $16.00
  • Forecasted Upside: 14.70 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$13.95 As of 07/2/2020 01:00 AM ET
+0.30 (1.20%)
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Analyst Price Target for CVTI

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.
$16.00
▲ +14.70% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Covenant Transportation Group in the last 3 months. The average price target is $16.00, with a high forecast of $20.00 and a low forecast of $12.00. The average price target represents a 14.70% upside from the last price of $13.95.
Buy
The current consensus among 4 contributing investment analysts is to buy stock in Covenant Transportation Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/6/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/5/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/31/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/28/2020Wolfe ResearchUpgradePeer Perform ➝ Outperform$20.00High
i
Rating by Scott Group at Wolfe Research
5/22/2020StephensUpgradeEqual Weight ➝ Overweight$10.00 ➝ $15.00Low
i
Rating by Jack Atkins at Stephens
5/21/2020CowenLower Price TargetOutperform$19.00 ➝ $12.00High
i
5/20/2020Stifel NicolausUpgradeHold ➝ Buy$15.00 ➝ $17.00High
i
4/6/2020StephensDowngradeOverweight ➝ Equal Weight$25.00 ➝ $10.00High
i
Rating by Jack Atkins at Stephens
3/27/2020Wolfe ResearchDowngradeOutperform ➝ Market PerformHigh
i
Rating by Scott Group at Wolfe Research
1/27/2020StephensUpgradeEqual Weight ➝ OverweightLow
i
1/24/2020CowenLower Price TargetOutperform$20.00 ➝ $19.00Medium
i
Rating by Jason Seidl at Cowen Inc
1/7/2020Wolfe ResearchUpgradePeer Perform ➝ OutperformHigh
i
10/30/2019Stifel NicolausDowngradeBuy ➝ Hold$18.00High
i
10/18/2019CowenReiterated RatingBuy$21.00High
i
7/17/2019CowenReiterated RatingOutperform ➝ Outperform$24.00 ➝ $21.00Low
i
7/1/2019StephensInitiated CoverageHoldLow
i
Rating by Jack Atkins at Stephens
6/28/2019Wolfe ResearchUpgradeUnderperform ➝ Peer PerformHigh
i
5/22/2019CowenUpgradeMarket Perform ➝ Outperform$24.00 ➝ $23.00Medium
i
5/1/2019StephensDowngradeOverweight ➝ Equal WeightHigh
i
Rating by Brad Delco at Stephens
3/19/2019StephensSet Price TargetBuy$25.00High
i
Rating by Brad Delco at Stephens
3/19/2019CowenReiterated RatingMarket Perform ➝ Market Perform$27.00 ➝ $23.00High
i
1/24/2019StephensSet Price TargetBuy$31.00Low
i
Rating by Brad Delco at Stephens
10/25/2018CowenLower Price TargetMarket Perform$36.00 ➝ $32.00Low
i
10/5/2018Wolfe ResearchDowngradePeer Perform ➝ UnderperformHigh
i
7/27/2018StephensReiterated RatingBuy$35.00Medium
i
6/6/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$35.00 ➝ $36.00Low
i
6/6/2018CowenBoost Price TargetMarket Perform$32.00 ➝ $35.00Low
i
4/26/2018Stifel NicolausUpgradeHold ➝ Buy$34.00 ➝ $35.00High
i
4/6/2018Stifel NicolausInitiated CoverageHold$34.00High
i
3/15/2018Seaport Global SecuritiesUpgradeNeutral ➝ Buy$40.00High
i
Rating by K. Sterling at Seaport Global Securities
1/30/2018Seaport Global SecuritiesReiterated RatingNeutralMedium
i
Rating by K. Sterling at Seaport Global Securities
1/30/2018CowenReiterated RatingMarket Perform ➝ Market Perform$25.50 ➝ $30.00High
i
10/24/2017CowenReiterated RatingHold$25.50N/A
i
10/16/2017CowenDowngradeOutperform ➝ Market PerformN/A
i
8/28/2017CowenReiterated RatingBuy$24.00Medium
i
8/14/2017StephensUpgradeEqual Weight ➝ Overweight$20.00 ➝ $25.00High
i
1/5/2017Stifel NicolausDowngradeBuy ➝ Hold$24.00 ➝ $20.00N/A
i
1/4/2017StephensDowngradeOverweight ➝ Equal WeightN/A
i
12/16/2016Seaport Global SecuritiesReiterated RatingNeutralN/A
i
Rating by R. Wood at Seaport Global Securities
10/21/2016CowenSet Price TargetOutperform$24.00 ➝ $22.00N/A
i
Rating by Jason Seidl at Cowen Inc
10/20/2016Stifel NicolausLower Price TargetBuy$21.00 ➝ $20.00N/A
i
10/14/2016CowenLower Price TargetOutperform$29.00 ➝ $24.00N/A
i
Rating by Jason Seidl at Cowen Inc
10/14/2016CowenReiterated RatingBuyN/A
i
Rating by Jason Seidl at Cowen Inc
7/29/2016CowenLower Price TargetOutperform$30.00 ➝ $29.00N/A
i
Rating by Jason Seidl at Cowen Inc
7/28/2016Stifel NicolausBoost Price TargetBuy$23.00 ➝ $24.00N/A
i
6/22/2016CowenLower Price TargetOutperform$34.00 ➝ $30.00N/A
i
Rating by Jason Seidl at Cowen Inc
6/22/2016Truist FinancialDowngradeBuy ➝ HoldN/A
i
Rating by T. Albrecht at Truist Financial Co.
4/29/2016CowenBoost Price TargetOutperform$32.00 ➝ $34.00N/A
i
Rating by Jason Seidl at Cowen Inc
3/23/2016Stifel NicolausInitiated CoverageBuy$29.00N/A
i
3/14/2016Avondale PartnersDowngradeOutperform ➝ Market Perform$20.00N/A
i
(Data available from 2/27/2016 forward)
Covenant Transportation Group logo
Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (""Expedited"") and Over-the-Road Services (""OTR""), both of which transport one-way freight over nonroutine routes. The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1985 and is headquartered in Chattanooga, TN.
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Today's Range

Now: $13.95
$13.73
$14.44

50 Day Range

MA: $13.95
$13.95
$13.95

52 Week Range

Now: $13.95
$6.54
$18.62

Volume

226,700 shs

Average Volume

210,444 shs

Market Capitalization

$238.36 million

P/E Ratio

139.50

Dividend Yield

N/A

Beta

1.51

Frequently Asked Questions

What sell-side analysts currently cover shares of Covenant Transportation Group?

The following Wall Street research analysts have issued reports on Covenant Transportation Group in the last year: Cowen Inc, Stephens, Stifel Nicolaus, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for CVTI.

What is the current price target for Covenant Transportation Group?

4 Wall Street analysts have set twelve-month price targets for Covenant Transportation Group in the last year. Their average twelve-month price target is $16.00, suggesting a possible upside of 14.7%. Wolfe Research has the highest price target set, predicting CVTI will reach $20.00 in the next twelve months. Cowen Inc has the lowest price target set, forecasting a price of $12.00 for Covenant Transportation Group in the next year.
View the latest price targets for CVTI.

What is the current consensus analyst rating for Covenant Transportation Group?

Covenant Transportation Group currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CVTI will outperform the market and that investors should add to their positions of Covenant Transportation Group.
View the latest ratings for CVTI.

What other companies compete with Covenant Transportation Group?

Other companies that are similar to Covenant Transportation Group include Universal Logistics, U.S. Xpress Enterprises, P.A.M. Transportation Services, YRC Worldwide, Covenant Logistics Group, USA Truck, Celadon Group, Celadon Group and Smart Move.

How do I contact Covenant Transportation Group's investor relations team?

Covenant Transportation Group's physical mailing address is 400 BIRMINGHAM HIGHWAY, CHATTANOOGA TN, 37419. The transportation company's listed phone number is (423) 821-1212 and its investor relations email address is [email protected] The official website for Covenant Transportation Group is www.covenanttransport.com.