Today Ryder System (NYSE:R) Has Been Upgraded by Stifel Nicolaus to a Buy

Ryder System, Inc. (NYSE:R) Logo

Investors sentiment increased to 1.25 in 2018 Q2. Its up 0.09, from 1.16 in 2018Q1. It improved, as 25 investors sold Ryder System, Inc. shares while 77 reduced holdings. 30 funds opened positions while 98 raised stakes. 45.92 million shares or 2.34% less from 47.02 million shares in 2018Q1 were reported.

Barclays Public Ltd Liability Corp holds 0% of its portfolio in Ryder System, Inc. (NYSE:R) for 42,061 shares. Profund Advsrs Ltd Liability Corporation holds 0.01% or 5,021 shares in its portfolio. Geode Capital Limited Liability Company holds 501,589 shares or 0.01% of its portfolio. 15,283 were accumulated by Metropolitan Life Insurance New York. New Jersey-based Bessemer Gru has invested 0% in Ryder System, Inc. (NYSE:R). Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0.01% in Ryder System, Inc. (NYSE:R). Oppenheimer Asset Management Inc holds 0.02% of its portfolio in Ryder System, Inc. (NYSE:R) for 11,731 shares. Coldstream Capital Management invested in 0.07% or 9,905 shares. California Public Employees Retirement Systems owns 157,527 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt invested in 19,398 shares or 0.01% of the stock. Eqis Capital Inc reported 0.05% in Ryder System, Inc. (NYSE:R). 111,602 were reported by Mackay Shields Ltd Liability Co. James Inv has 1,935 shares. Brookstone Capital Mngmt, a Illinois-based fund reported 7,145 shares. Guggenheim Ltd Liability Corporation stated it has 0.02% in Ryder System, Inc. (NYSE:R).

Since July 30, 2018, it had 1 buy, and 3 sales for $1.37 million activity. Diez John J. had sold 6,520 shares worth $517,974 on Tuesday, August 21. $262,110 worth of Ryder System, Inc. (NYSE:R) was sold by GARCIA ART A on Monday, July 30. NORD DAVID G had bought 2,000 shares worth $114,470 on Thursday, November 8.

Ryder System (NYSE:R) Stock Upgrade

Stifel Nicolaus has upgraded shares of Ryder System (NYSE:R) to a respectable Buy rating in analysts note published today, and has set an estimated 12-month TP of $69.0000, which is 21.97 % from R’s share price currently.

Ryder System, Inc. (NYSE:R) Ratings Coverage

Among 6 analysts covering Ryder System (NYSE:R), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ryder System has $90 highest and $69 lowest target. $80.67’s average target is 42.60% above currents $56.57 stock price. Ryder System had 9 analyst reports since June 22, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Monday, October 29 report. The stock of Ryder System, Inc. (NYSE:R) has “Buy” rating given on Thursday, November 29 by Stifel Nicolaus. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, June 22. On Thursday, July 26 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Buckingham Research on Friday, October 12 with “Buy”. Loop Capital upgraded the stock to “Buy” rating in Thursday, October 25 report.

The stock increased 0.68% or $0.38 during the last trading session, reaching $56.57. About 882,389 shares traded or 33.70% up from the average. Ryder System, Inc. (NYSE:R) has declined 1.24% since December 2, 2017 and is downtrending. It has underperformed by 16.86% the S&P500.

Ryder System, Inc. provides transportation and supply chain management solutions to small businesses and large enterprises worldwide. The company has market cap of $3.00 billion. The firm operates through three divisions: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions. It has a 3.71 P/E ratio. It offers fleet management solutions, including vehicles, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental services; contract maintenance services; and contract-related maintenance services for trucks, tractors, and trailers.

More notable recent Ryder System, Inc. (NYSE:R) news were published by: Benzinga.com which released: “Twitter (NYSE:TWTR) Bear Vs. Bull Debate: A Rally Ahead Or ‘A Lot Of Room To Drop’? – Benzinga” on November 30, 2018, also Benzinga.com with their article: “Analysts Raise VMware (NYSE:VMW) Price Targets After Q3 Beat-And-Raise – Benzinga” published on November 30, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For November 29, 2018 – Benzinga” on November 29, 2018. More interesting news about Ryder System, Inc. (NYSE:R) were released by: Benzinga.com and their article: “Anheuser-Busch Inbev SA (NYSE:BUD), Ryder System, Inc. (NYSE:R) – Nikola Motor Concludes $205M Series C Funding Round, Eyes $1B Round Next Year – Benzinga” published on November 16, 2018 as well as Seekingalpha.com‘s news article titled: “FedEx adds to EV fleet – Seeking Alpha” with publication date: November 20, 2018.

Ryder System, Inc. (NYSE:R) Institutional Positions Chart

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