In a recent development, JP Morgan analyst Brian Ossenbeck has updated his stance on Ryder System (R, Financial), maintaining a 'Neutral' rating while raising the price target from $165.00 to $173.00.
This adjustment reflects a 4.85% increase in the price target, indicating a positive outlook on the company's future performance, according to the analysis provided by JP Morgan. All figures are reported in USD.
The changes were reported on July 8, 2025, and focus on Ryder System's current positioning and market expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Ryder System Inc (R, Financial) is $171.31 with a high estimate of $190.00 and a low estimate of $150.00. The average target implies an downside of 0.26% from the current price of $171.76. More detailed estimate data can be found on the Ryder System Inc (R) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Ryder System Inc's (R, Financial) average brokerage recommendation is currently 2.1, 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 Ryder System Inc (R, Financial) in one year is $126.99, suggesting a downside of 26.07% from the current price of $171.76. 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 Ryder System Inc (R) Summary page.