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Enter Symbol:
 
Ryder System, Inc. (R) [hlAlert]

Rating:
Outperform
R
up 42.66 %

Ryder System, Inc. (R) rated Outperform by Wells Fargo

Posted on: Wednesday,  Apr 24, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Ryder System, Inc. (NYSE: R) on 04/24/2013, when the stock price was $57.00. Since
then, Ryder System, Inc. has gained 42.67% as of 01/13/2016's recent price of $81.32.
If you would have followed this Wells Fargo's recommendation on R, you would have gained 42.66% of your investment in 994 days.

Ryder System, Inc. (Ryder) is a provider of transportation and supply chain management solutions. The Company operates in three segments: Fleet Management Solutions (FMS), which provides full-service leasing, contract maintenance, contract-related maintenance and commercial rental of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services throughout North America, and in Europe, South America and Asia, and Dedicated Contract Carriage (DCC), which provides vehicles and drivers as part of a dedicated transportation solution in the United States. On February 2, 2009, it acquired the assets of Edart Leasing LLC (Edart), which included Edart?s fleet of approximately 1,600 vehicles.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2013 8:25 AM Buy
None
57.00
as of 12/13/2013
1 Week down  -1.54 %
1 Month up  2.57 %
3 Months up  13.84 %
1 YTD up  18.75 %

(*) Stock Price at the time of the recommendation.
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