Analyst Price Target is $129.40
▲ +14.54% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Forward Air in the last 3 months. The average price target is $129.40, with a high forecast of $136.00 and a low forecast of $110.00. The average price target represents a 14.54% upside from the last price of $112.97.
Current Consensus is
Buy
The current consensus among 4 contributing investment analysts is to buy stock in Forward Air. This Buy consensus rating has held steady for over two years.
Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL and Intermodal. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.
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