<div id="readability-page-1"><p><span>C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report)</span> had its target price hoisted by stock analysts at Bank of America  from $167.00 to $182.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the transportation company's stock. Bank of America's target price would suggest a potential upside of 10.22% from the stock's current price.</p><ul><li>Is the Grinch Stealing This Year's Holiday Season Jobs? </li></ul><p>Several other research analysts have also weighed in on the company. Truist Financial upped their target price on C.H. Robinson Worldwide from $150.00 to $165.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, October 30th. Susquehanna  set a $165.00 price target on shares of C.H. Robinson Worldwide and gave the company a &#34;positive&#34; rating in a report on Wednesday, September 24th. Wells Fargo &amp; Company boosted their price target on C.H. Robinson Worldwide from $155.00 to $170.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, October 30th. Sanford C. Bernstein  reissued a &#34;market perform&#34; rating and set a $135.00 price objective on shares of C.H. Robinson Worldwide in a report on Thursday, October 30th. Finally, Citigroup downgraded C.H. Robinson Worldwide from a &#34;buy&#34; rating to a &#34;neutral&#34; rating and raised their price objective for the company from $134.00 to $148.00 in a research note on Wednesday, October 8th. One equities research analyst  has rated the stock with a Strong Buy rating, sixteen have issued  a Buy rating, eight have given a Hold rating and one  has assigned  a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $149.48.</p><p><b>View Our Latest Research Report on CHRW</b></p><h2>C.H. Robinson Worldwide Price Performance</h2><p>NASDAQ CHRW opened at $165.13 on Wednesday. C.H. Robinson Worldwide has a 12 month low of $84.68 and a 12 month high of $167.90. The firm has a market capitalization of $19.51 billion, a PE ratio of 33.43, a P/E/G ratio of 2.16 and a beta of 0.90. The company's 50 day simple moving average is $149.73 and its 200 day simple moving average is $127.05. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.59 and a quick ratio of 1.59. </p><p>C.H. Robinson Worldwide (NASDAQ:CHRW - Get Free Report) last posted its quarterly earnings results on Wednesday, October 29th. The transportation company reported $1.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.11. The firm had revenue of $4.14 billion for the quarter, compared to analyst estimates of $4.26 billion. C.H. Robinson Worldwide had a net margin of 3.64% and a return on equity of 34.77%. The firm's quarterly revenue was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 earnings per share.  As a group, equities research analysts forecast that  C.H. Robinson Worldwide will post 4.83 EPS for the current fiscal year. </p><h2>Insider Activity</h2><p>In other C.H. Robinson Worldwide news, insider Angela K. Freeman sold 49,884 shares of the firm's stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $149.71, for a total value of $7,468,133.64. Following the completion of the sale, the insider owned 65,728 shares in the company, valued at approximately $9,840,138.88. This trade represents a 43.15% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Also, insider Michael D. Castagnetto sold 45,266 shares of the firm's stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $151.70, for a total value of $6,866,852.20. Following the completion of the transaction, the insider directly owned 34,046 shares of the company's stock, valued at approximately $5,164,778.20. This trade represents a 57.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own  0.91% of the company's stock. </p><h2>Institutional Trading of C.H. Robinson Worldwide</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in CHRW. Compound Planning Inc. grew its holdings in  C.H. Robinson Worldwide by 16.3% during the 1st quarter. Compound Planning Inc. now owns 3,599 shares of the transportation company's stock worth $369,000 after acquiring an additional 504 shares during the last quarter.  BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of  C.H. Robinson Worldwide by 0.7% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 22,600 shares of the transportation company's stock worth $2,314,000 after purchasing an additional 146 shares in the last quarter.  Jump Financial LLC increased its holdings in shares of  C.H. Robinson Worldwide by 86.7% in the first quarter. Jump Financial LLC now owns 4,420 shares of the transportation company's stock valued at $453,000 after purchasing an additional 2,052 shares in the last quarter.  Comerica Bank raised its position in  C.H. Robinson Worldwide by 3.2% in the 1st quarter. Comerica Bank now owns 36,798 shares of the transportation company's stock worth $3,768,000 after purchasing an additional 1,140 shares during the last quarter.  Finally, FORA Capital LLC acquired a new position in  C.H. Robinson Worldwide during the 1st quarter worth $812,000. 93.15% of the stock is currently owned by institutional investors and hedge funds. </p><h2>C.H. Robinson Worldwide Company Profile</h2> (Get Free Report)<p>C.H. Robinson Worldwide, Inc is a third-party logistics provider founded in 1905 and headquartered in Eden Prairie, Minnesota. Originally established as a produce brokerage firm, the company has since expanded its offerings to become one of the world's largest freight and logistics intermediaries. C.H. Robinson leverages a global network of transportation providers, technology platforms, and in-house expertise to connect shippers and carriers across multiple modes of transportation.  </p><p>The company's primary services include truckload, less-than-truckload (LTL), intermodal, air and ocean freight, and managed transportation solutions.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than C.H. Robinson Worldwide</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>The gift that keeps giving (just $1 today)</li><li>The Best $1 You'll Spend This Holiday Season</li><li>Trump Did WHAT??</li><li>End of America update</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hSVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0hSVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in C.H. Robinson Worldwide Right Now?</h2><p>Before you consider C.H. Robinson Worldwide, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C.H. Robinson Worldwide wasn't on the list.</p><p>While C.H. Robinson Worldwide currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CHRW

<p>Bank of America raised its price target for C.H. Robinson Worldwide (NASDAQ:CHRW) from $167 to $182, maintaining a "buy" rating, suggesting a 10.22% upside. Other analysts also increased their targets, with Truist Financial, Susquehanna, and Wells Fargo giving "buy" or "positive" ratings. Citigroup downgraded to "neutral" but raised its target to $148. The consensus rating is "Moderate Buy" with a target of $149.48. Recent insider sales and institutional trading activities are noted.</p>

Bank of America Forecasts Strong Price Appreciation for C.H. Robinson Worldwide (NASDAQ:CHRW) Stock