Goldman Sachs Resumes C.H. Robinson Worldwide (CHRW) at Neutral

Article Stock Quotes (1) Comments (0)

Goldman Sachs resumes coverage on C.H. Robinson Worldwide (NASDAQ: CHRW) with a Neutral. PT $59.00.

The firm comments, "We believe the asset-light brokerage business is one of the most attractive business models in transportation given the high rate of returns on capital and limited need for maintenance investment. However, CHRW shares have steadily declined as investors rationalize falling growth rates and high valuation multiples."

For an analyst ratings summary and ratings history on C.H. Robinson Worldwide click here. For more ratings news on C.H. Robinson Worldwide click here.

Shares of C.H. Robinson Worldwide closed at $59.60 yesterday, with a 52 week range of $55.35-$81.46.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: UBS Downgrades C.H. Robinson Worldwide (CHRW) to Neutral
• Barclays Starts Crown Castle (CCI) at Equalweight
• Goldman Sachs Downgrades AMD (AMD) to Sell, Sees 43% Downside

Create E-mail Alert Related Categories

New Coverage

Related Entities

Goldman Sachs

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?