Raymond James analyst David Hicks has revised the price target for C.H. Robinson (CHRW, Financial), reducing it from $118 to $111, while maintaining an Outperform rating on the stock. This adjustment comes as the truckload sector, which appeared to be recovering since mid-2024, is facing unexpected setbacks. Despite earlier signs of stabilization with demand and a reduction in industry supply, recent insights and data suggest March demand is weaker than anticipated.
The industry has been struggling with early-year challenges, exacerbated by unfavorable weather conditions and a rush to move volumes ahead of tariff changes. The tariff landscape remains volatile, highlighted by President Trump's recent decision to impose a 90-day pause on tariffs for certain countries, while simultaneously increasing tariffs on Chinese goods to over 100%.
These developments are influencing C.H. Robinson's performance as the broader market adapts to these economic pressures. Despite these hurdles, Hicks' continued Outperform rating reflects a belief in the company's long-term potential, albeit acknowledging the current headwinds.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for C.H. Robinson Worldwide Inc (CHRW, Financial) is $113.92 with a high estimate of $140.00 and a low estimate of $71.00. The average target implies an upside of 26.20% from the current price of $90.27. More detailed estimate data can be found on the C.H. Robinson Worldwide Inc (CHRW) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, C.H. Robinson Worldwide Inc's (CHRW, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for C.H. Robinson Worldwide Inc (CHRW, Financial) in one year is $80.48, suggesting a downside of 10.85% from the current price of $90.27. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the C.H. Robinson Worldwide Inc (CHRW) Summary page.
