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Hub Group (HUBG) Stock Forecast & Price Target

$45.08
+0.38 (+0.85%)
(As of 07/22/2024 ET)

Hub Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for Hub Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 8 have given a hold rating, and 4 have given a buy rating for HUBG.

Consensus Price Target

$45.38
0.65% Upside
High Forecast$52.00
Average Forecast$45.38
Low Forecast$37.50

According to the 12 analysts' twelve-month price targets for Hub Group, the average price target is $45.38. The highest price target for HUBG is $52.00, while the lowest price target for HUBG is $37.50. The average price target represents a forecasted upside of 0.65% from the current price of $45.08.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
Hold
8 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$45.38$46.54$46.63$50.64
Forecasted Upside0.65% Upside11.73% Upside10.66% Upside22.87% Upside
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HUBG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HUBG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Hub Group Stock vs. The Competition

TypeHub GroupTransportation CompaniesS&P 500
Consensus Rating Score
2.33
2.54
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside0.65% Upside32.10% Upside9.23% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/18/2024TD Cowen
4 of 5 stars
J. Seidl
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DowngradeBuy ➝ Hold$50.00 ➝ $43.00-6.50%
7/9/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$44.00 ➝ $43.00+3.24%
7/9/2024Benchmark
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$49.00 ➝ $49.00+16.58%
6/25/2024Evercore ISI
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J. Chappell
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Reiterated RatingOutperform ➝ In-Line$44.00 ➝ $44.00+1.52%
4/26/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$48.00 ➝ $45.00+11.91%
4/26/2024Stephens
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 Lower TargetEqual Weight ➝ Equal Weight$44.00 ➝ $42.00+4.50%
3/25/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$49.00 ➝ $46.00+10.52%
2/12/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$43.00 ➝ $44.00-4.10%
2/2/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$45.00 ➝ $50.00+13.25%
1/10/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$49.50 ➝ $52.00+20.23%
10/27/2023Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$40.00 ➝ $37.50+2.71%
10/4/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$49.00+26.76%
5/1/202351job
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 Reiterated RatingMaintains
2/3/2023Cowen
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 Boost TargetOutperform$60.50 ➝ $66.50+44.74%
2/3/2023Robert W. Baird
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 Boost Target$48.00 ➝ $54.00+17.53%
2/3/2023KeyCorp
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 Boost TargetOverweight$47.50 ➝ $52.50+14.27%
1/4/2023UBS Group
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 DowngradeBuy ➝ Neutral
8/10/2022Susquehanna Bancshares
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 Boost TargetPositive$57.50 ➝ $58.50+39.27%
8/4/2022Cowen
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 Boost TargetOutperform$54.50 ➝ $59.50+49.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 01:45 AM ET.

HUBG Forecast - Frequently Asked Questions

What is Hub Group's forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Hub Group is $45.38, with a high forecast of $52.00 and a low forecast of $37.50.

Should I buy or sell Hub Group stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hub Group in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HUBG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HUBG, but not buy additional shares or sell existing shares.

Does Hub Group's stock price have much upside?

According to analysts, Hub Group's stock has a predicted upside of 8.15% based on their 12-month stock forecasts.

Has Hub Group been downgraded by Wall Street analysts recently?

Over the previous 90 days, Hub Group's stock had 1 downgrade by analysts.

What analysts cover Hub Group?

Hub Group has been rated by research analysts at Benchmark, BMO Capital Markets, Evercore ISI, JPMorgan Chase & Co., Stephens, and TD Cowen in the past 90 days.

Do Wall Street analysts like Hub Group more than its competitors?

Analysts like Hub Group less than other "transportation" companies. The consensus rating for Hub Group is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how HUBG compares to other companies.


This page (NASDAQ:HUBG) was last updated on 7/23/2024 by MarketBeat.com Staff

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