** Barclays lifts price targets of North American less-than-truckload $(LTL)$ freight carriers
Company New PT Old PT
Heartland $11 $10
Express
Knight-Swift $68 $62
Transportation
Old Dominion $220 $190
Freight Line
Saia $620 $515
Werner $40 $36
Enterprises
XPO $170 $150
** LTL freight is an economical option of shipping that involves only a portion of the space on a truck
** "LTL industry volumes have been underperforming industrial production for over two years, a trend that we expect to begin reversing as truckload markets tighten in 2025," says Barclays
** Brokerage cites the expected upcycle to support the industry's "meaningful" EPS growth potential through 2026
** Says higher valuations and recent share outperformance reflect investor optimism for LTL companies beyond the current downturn
** As of last close, the Dow Jones Transport Index had risen 9.3% YTD
(Reporting by Aatreyee Dasgupta) ((Aatreyee.Dasgupta@thomsonreuters.com))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。