C.H. Robinson Worldwide (CHRW) Stock Forecast & Price Target

$88.86

+1.46 (+1.67%)

(As of 07/19/2024 ET)

C.H. Robinson Worldwide - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 21 Analyst Ratings

Based on 21 Wall Street analysts who have issued ratings for C.H. Robinson Worldwide in the last 12 months, the stock has a consensus rating of "Hold." Out of the 21 analysts, 4 have given a sell rating, 13 have given a hold rating, and 4 have given a buy rating for CHRW.

Consensus Price Target

$87.06
-2.03% Downside

High Forecast	$102.00
Average Forecast	$87.06
Low Forecast	$60.00

According to the 21 analysts' twelve-month price targets for C.H. Robinson Worldwide, the average price target is $87.06. The highest price target for CHRW is $102.00, while the lowest price target for CHRW is $60.00. The average price target represents a forecasted downside of -2.03% from the current price of $88.86.

Type	Current Forecast 7/21/23 to 7/20/24	1 Month Ago 6/21/23 to 6/20/24	3 Months Ago 4/22/23 to 4/21/24	1 Year Ago 7/21/22 to 7/21/23
Consensus Rating	Hold	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	13 Hold rating(s)	10 Hold rating(s)	6 Hold rating(s)	11 Hold rating(s)
Sell	4 Sell rating(s)	5 Sell rating(s)	6 Sell rating(s)	7 Sell rating(s)
Consensus Price Target	$87.06	$84.56	$81.21	$94.64
Forecasted Upside	-2.03% Downside	1.39% Upside	-1.29% Downside	-1.76% Downside

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CHRW Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CHRW Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

C.H. Robinson Worldwide Stock vs. The Competition

Type	C.H. Robinson Worldwide	Transportation Companies	S&P 500
Consensus Rating Score	2.00	2.54	2.51
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-2.03% Downside	33.67% Upside	10.04% Upside
News Sentiment Rating	Very Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/9/2024	Vertical Research 4 of 5 stars	J. Kauffman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Buy	$102.00	+17.76%
7/9/2024	JPMorgan Chase & Co. 3 of 5 stars		Upgrade	Underweight ➝ Neutral	$76.00 ➝ $87.00	+0.44%
7/3/2024	Baird R W 0 of 5 stars	G. Holland Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
7/3/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$80.00 ➝ $88.00	+2.15%
6/25/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Chappell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	In-Line ➝ Outperform	$82.00 ➝ $99.00	+11.88%
6/7/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$94.00	+7.02%
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6/6/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral	$71.00 ➝ $90.00	+2.69%
5/15/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
5/3/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$80.00 ➝ $85.00	+5.50%
5/2/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$65.00 ➝ $70.00	-17.20%
5/2/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$80.00 ➝ $85.00	+17.91%
5/2/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$79.00 ➝ $86.00	+19.30%
4/15/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$70.00 ➝ $68.00	-1.75%
4/11/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Peer Perform
3/27/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Neutral	$76.00	+4.35%
1/10/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$84.00 ➝ $85.00	-2.35%
11/2/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$62.00 ➝ $60.00	-26.32%
9/13/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$108.00 ➝ $100.00	+15.49%
8/18/2023	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$105.00 ➝ $102.00	+9.29%
8/16/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$93.00 ➝ $92.00	-2.71%
8/3/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$94.00 ➝ $98.00	+0.57%
2/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$107.00 ➝ $100.00	-2.82%
2/2/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	$110.00 ➝ $92.00	-9.91%
1/11/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$120.00 ➝ $110.00	+18.53%
1/10/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$102.00 ➝ $93.00	-0.39%
1/5/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$106.00 ➝ $91.00	+0.22%
11/30/2022	Exane BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Robert Joynson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$128.00	+27.72%
10/24/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$100.00	+5.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 03:45 PM ET.

CHRW Forecast - Frequently Asked Questions

What is C.H. Robinson Worldwide's forecast for 2024?: According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for C.H. Robinson Worldwide is $87.06, with a high forecast of $102.00 and a low forecast of $60.00.
Should I buy or sell C.H. Robinson Worldwide stock right now?: 21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for C.H. Robinson Worldwide in the last year. There are currently 4 sell ratings, 13 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CHRW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHRW, but not buy additional shares or sell existing shares.
Does C.H. Robinson Worldwide's stock price have much upside?: According to analysts, C.H. Robinson Worldwide's stock has a predicted upside of 3.43% based on their 12-month stock forecasts.
Has C.H. Robinson Worldwide been upgraded by Wall Street analysts recently?: Over the previous 90 days, C.H. Robinson Worldwide's stock had 5 upgrades by analysts.
What analysts cover C.H. Robinson Worldwide?: C.H. Robinson Worldwide has been rated by research analysts at Baird R W, Barclays, BMO Capital Markets, Evercore ISI, JPMorgan Chase & Co., Raymond James, Robert W. Baird, Susquehanna, TD Cowen, UBS Group, Vertical Research, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like C.H. Robinson Worldwide more than its competitors?: Analysts like C.H. Robinson Worldwide less than other "transportation" companies. The consensus rating for C.H. Robinson Worldwide is Hold while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how CHRW compares to other companies.