Via Transportation (NYSE:VIA) Coverage Initiated by Analysts at Citizens Jmp

Key Points

• Citizens Jmp has initiated coverage on Via Transportation (NYSE:VIA) with an "outperform" rating and a price target of $59.00, indicating a potential upside of 26.75% from the current stock price.
• Other analysts, including Raymond James and Guggenheim, also provided positive ratings and target prices between $55.00 and $60.00 for Via Transportation, contributing to a consensus rating of "Moderate Buy."
• As of the latest trading, Via Transportation's stock is priced at $46.55, with a 1-year range between $43.50 and $56.31.

Analysts at Citizens Jmp started coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a report released on Tuesday, Marketbeat.com reports. The brokerage set a "mkt outperform" rating and a $59.00 price target on the stock. Citizens Jmp's price objective would suggest a potential upside of 27.69% from the company's current price.

Several other equities research analysts also recently commented on the company. JMP Securities started coverage on Via Transportation in a report on Tuesday. They issued a "market outperform" rating and a $59.00 price objective for the company. Raymond James Financial set a $55.00 price target on shares of Via Transportation and gave the stock an "outperform" rating in a research note on Tuesday. Wolfe Research assumed coverage on shares of Via Transportation in a research report on Tuesday. They set an "outperform" rating and a $60.00 price objective on the stock. Oppenheimer set a $59.00 target price on shares of Via Transportation and gave the stock an "outperform" rating in a research report on Tuesday. Finally, Morgan Stanley set a $53.00 target price on shares of Via Transportation and gave the company an "equal weight" rating in a research note on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $56.64.

Via Transportation Price Performance

Shares of VIA traded down $0.73 on Tuesday, hitting $46.21. 46,351 shares of the stock traded hands, compared to its average volume of 459,661. Via Transportation has a one year low of $43.50 and a one year high of $56.31.

About Via Transportation

Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology.