▲ +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.
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.
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.