JB Hunt Transport Services (JBHT, Financial) has received a significant update from B of A Securities. Analyst Ken Hoexter has maintained a "Buy" rating on the stock while raising the price target from $166.00 to $171.00. This adjustment represents a 3.01% increase in the price target.
The decision to maintain the "Buy" rating reflects confidence in the company's ongoing performance and anticipated growth. Investors in JBHT may find this development encouraging, as the updated price target suggests a positive outlook for the stock.
B of A Securities' analysis is a noteworthy factor for shareholders and potential investors to consider, given the firm's influence and expertise in the transport sector. The report date for these changes is July 10, 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for JB Hunt Transport Services Inc (JBHT, Financial) is $155.27 with a high estimate of $175.00 and a low estimate of $130.00. The average target implies an downside of 1.02% from the current price of $156.87. More detailed estimate data can be found on the JB Hunt Transport Services Inc (JBHT) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, JB Hunt Transport Services Inc's (JBHT, Financial) average brokerage recommendation is currently 2.2, 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 JB Hunt Transport Services Inc (JBHT, Financial) in one year is $171.01, suggesting a upside of 9.01% from the current price of $156.87. 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 JB Hunt Transport Services Inc (JBHT) Summary page.