Werner Enterprises (WERN) is Upgraded by Stifel to Buy, Price Target at $30

Werner Enterprises (WERN) is Upgraded by Stifel to Buy according to the research report released to the investors. The brokerage firm has set the Price Target of the shares at $30. Earlier the firm had a rating of Hold on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

Werner Enterprises Inc. has dropped 7.86% during the last 3-month period . Year-to-Date the stock performance stands at -24.27%.

Shares of Werner Enterprises, Inc. (NASDAQ:WERN) appreciated by 0.43% during the past week but lost 10.07% on a 4-week basis. The shares have outperformed the S&P 500 by 1.27% in the past week but underperformed the index by 7.97% in the last 4 weeks.

Werner Enterprises, Inc. (NASDAQ:WERN) : On Thursday heightened volatility was witnessed in Werner Enterprises, Inc. (NASDAQ:WERN) which led to swings in the share price. The shares opened for trading at $23.15 and hit $23.95 on the upside , eventually ending the session at $23.39, with a gain of 0.21% or 0.05 points. The heightened volatility saw the trading volume jump to 690,684 shares. The 52-week high of the share price is $33.415 and the company has a market cap of $1,682 million. The 52-week low of the share price is at $22.45 .

Currently the company Insiders own 36.9% of Werner Enterprises, Inc. shares according to the proxy statements. Institutional Investors own 61.05% of Werner Enterprises, Inc. shares. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Exec VP-Driver Resources) of Werner Enterprises Inc, Synowicki Robert E Jr had sold 3,500 shares worth of $99,785 in a transaction dated July 31, 2015. In this transaction, 3,500 shares were sold at $28.51 per share.

Werner Enterprises, Inc. is a transportation and logistics company engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company also provides logistics services through its Value Added Services (VAS) division. At the end of 2013, the Company had a fleet of 7,050 trucks, of which 6,380 were company-operated and 670 were owned and operated by independent contractors. Its VAS division operated an additional 49 intermodal drayage trucks at the end of 2013. The Company has two reportable segments: Truckload Transportation Services (Truckload), which comprises the One-Way Truckload and Specialized Services units and VAS, which is a non-asset-based transportation and logistics provider.