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Enter Symbol:
 
Echo Global Logistics Inc. (ECHO) [hlAlert]

Rating:
Outperform
ECHO
up 59.05 %

Echo Global Logistics Inc. (ECHO) rated Outperform with price target $30 by Barrington Research

Posted on: Friday,  Aug 28, 2015  11:25 AM ET by Barrington Research

Barrington Research rated Outperform Echo Global Logistics Inc. (NASDAQ: ECHO) on 08/28/2015. Previously Barrington Research rated Outperform Echo Global Logistics Inc. (NASDAQ: ECHO)
on 11/11/2009., when the stock price was $14.58. Since then, Echo Global Logistics Inc. has gained 59.05% as of 01/12/2016's recent price of $23.19.
If you would have followed the previous Barrington Research's recommendation on ECHO, you would have gained 59.05% of your investment in 2253 days.

Echo Global Logistics, Inc. is a provider of technology enabled business process outsourcing (BPO) serving the transportation and logistics needs of its clients. The Company?s technology platform compiles and analyzes data from its diversified network of over 16,000 transportation providers to serve the Company?s clients' shipping needs and optimize their freight management. Echo Global Logistics, Inc?s technology enables it to identify excess transportation capacity and obtain preferential rates, service terms and cost savings for its clients. It provides solutions across all major transportation modes, including truckload (TL), less than truck load (LTL), small parcel, inter-modal, domestic air, expedited services and international. The core logistics services include pre-engagement freight analysis and rate negotiation. In June 2009, the Company acquired Raytrans Distribution Services, Inc., a transportation brokerage firm based in Matteson, Illinois.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/28/2015 11:25 AM Buy
None
23.20 30.00
as of 8/27/2015
1 Week down  -7.90 %
1 Month down  -32.07 %
3 Months down  -25.72 %
1 YTD up  7.96 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2012 8:25 AM Buy
None
18.66 24.00
2/17/2012 12:25 PM Buy
None
19.02 24.00
8/5/2011 8:25 AM Buy
None
13.89 22.00
11/11/2009 8:25 AM Buy
None
14.58 18.00

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