Analyst Price Target is $99.00
▲ +24.18% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Ryder System in the last 3 months. The average price target is $99.00, with a high forecast of $110.00 and a low forecast of $80.00. The average price target represents a 24.18% upside from the last price of $79.72.
Current Consensus is
Hold
The current consensus among 4 polled investment analysts is to hold stock in Ryder System. This rating has held steady since July 2021, when it changed from a Buy consensus rating.
Ryder System, Inc. is a logistics and transportation company, which engages in providing supply chain, dedicated transportation, and fleet management solutions. It operates through the following business segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors, and trailers. The SCS segment provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, e-commerce and last mile, and professional services. The DTS segment provides turnkey transportation solutions, including dedicated vehicles, drivers, management, and administrative support. The company was founded by James A. Ryder in 1933 and is headquartered in Miami, FL.
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