XPO - Old Dominion Freight Line called 'best-in-class' LTL carrier - analyst
2024-06-05 11:13:36 ET
As one of the top three performing transport stocks over the past three freight cycles, and with a high return on investment capital and steady stream of investment opportunities, Old Dominion Freight Line ( NASDAQ: ODFL ) was initiated at BMO Capital with an Outperform rating and labeled as the “best-in-class [less-than-truckload] carrier which others seek to emulate.” BMO analyst Fadi Chamoun gave ODFL a $210 price target, 22% upside to Tuesday’s closing price and based on a forward EV/EBITDA of 17.5x....
Old Dominion Freight Line called 'best-in-class' LTL carrier - analyst