On July 15, 2025, Susquehanna announced that it has initiated coverage on Ryder System (R, Financial) with a "Positive" rating. The analyst behind this evaluation, Matthew Harrison, provided an initial price target of $215.00 USD for the stock.
The announcement marks the first coverage and price target issued by Susquehanna for Ryder System (R, Financial), indicating a favorable outlook for the stock. As of the announcement, there were no prior ratings or price targets from the firm for the stock.
This coverage initiation could potentially influence investor sentiment, as Susquehanna's projections and analysis are often closely watched by market participants. The decision to set a price target of $215.00 USD reflects the firm's confidence in Ryder System's (R, Financial) future performance and growth potential in the market.
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 $173.81 with a high estimate of $190.00 and a low estimate of $150.00. The average target implies an downside of 0.83% from the current price of $175.28. 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 27.55% from the current price of $175.275. 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.