Ryder System Inc has a consensus price target of $122.56 based on the ratings of 11 analysts. The high is $165 issued by Morgan Stanley on June 24, 2024. The low is $90 issued by Baird on January 5, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Morgan Stanley, and Vertical Research on July 9, 2024, June 24, 2024, and June 14, 2024, respectively. With an average price target of $145 between JP Morgan, Morgan Stanley, and Vertical Research, there's an implied 8.27% upside for Ryder System Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/09/2024 | Buy Now | -6.66% | JP Morgan | Brian Ossenbeck | $126 → $125 | Maintains | Neutral | Get Alert |
07/08/2024 | Buy Now | — | Stephens & Co. | Justin Long | — | Initiates | → Equal-Weight | Get Alert |
06/24/2024 | Buy Now | 23.21% | Morgan Stanley | Christyne McGarvey | → $165 | Initiates | → Overweight | Get Alert |
06/14/2024 | Buy Now | 8.27% | Vertical Research | Jeffrey Kauffman | $125 → $145 | Upgrade | Hold → Buy | Get Alert |
04/24/2024 | Buy Now | -10.39% | Stephens & Co. | Justin Long | $113 → $120 | Maintains | Equal-Weight | Get Alert |
04/24/2024 | Buy Now | -5.91% | JP Morgan | Brian Ossenbeck | $120 → $126 | Maintains | Neutral | Get Alert |
04/24/2024 | Buy Now | 0.81% | Goldman Sachs | Jordan Alliger | $122 → $135 | Maintains | Buy | Get Alert |
02/15/2024 | Buy Now | -10.39% | Wells Fargo | Allison Poliniak | $100 → $120 | Maintains | Equal-Weight | Get Alert |
02/15/2024 | Buy Now | -10.39% | JP Morgan | Brian Ossenbeck | $117 → $120 | Maintains | Neutral | Get Alert |
02/15/2024 | Buy Now | -15.62% | Stephens & Co. | Justin Long | $110 → $113 | Maintains | Equal-Weight | Get Alert |
01/10/2024 | Buy Now | -10.39% | Vertical Research | Jeffrey Kauffman | → $120 | Downgrade | Buy → Hold | Get Alert |
12/21/2023 | Buy Now | -12.63% | JP Morgan | Brian Ossenbeck | $110 → $117 | Maintains | Neutral | Get Alert |
10/27/2023 | Buy Now | -23.84% | Stephens & Co. | Justin Long | $105 → $102 | Maintains | Equal-Weight | Get Alert |
10/11/2023 | Buy Now | -11.89% | JP Morgan | Brian Ossenbeck | $113 → $118 | Maintains | Neutral | Get Alert |
10/04/2023 | Buy Now | — | Wolfe Research | Scott Group | — | Downgrade | Outperform → Peer Perform | Get Alert |
07/31/2023 | Buy Now | -11.89% | Baird | Garrett Holland | → $118 | Upgrade | Neutral → Outperform | Get Alert |
07/27/2023 | Buy Now | -15.62% | JP Morgan | Brian Ossenbeck | $95 → $113 | Maintains | Neutral | Get Alert |
04/27/2023 | Buy Now | -21.59% | Stifel | Bert Subin | $107 → $105 | Maintains | Hold | Get Alert |
04/27/2023 | Buy Now | -40.26% | Wells Fargo | Allison Poliniak | $100 → $80 | Maintains | Equal-Weight | Get Alert |
02/16/2023 | Buy Now | -25.33% | Stephens & Co. | Justin Long | $91 → $100 | Maintains | Equal-Weight | Get Alert |
02/16/2023 | Buy Now | -17.86% | Baird | Garrett Holland | $93 → $110 | Maintains | Neutral | Get Alert |
02/16/2023 | Buy Now | -25.33% | Wells Fargo | Allison Poliniak Cusic | $81 → $100 | Maintains | Equal-Weight | Get Alert |
01/10/2023 | Buy Now | -25.33% | Wolfe Research | Scott Group | → $100 | Upgrade | Peer Perform → Outperform | Get Alert |
10/27/2022 | Buy Now | -32.05% | Stephens & Co. | Justin Long | $86 → $91 | Maintains | Equal-Weight | Get Alert |
07/28/2022 | Buy Now | -35.78% | Stephens & Co. | Justin Long | $83 → $86 | Maintains | Equal-Weight | Get Alert |
06/06/2022 | Buy Now | -32.8% | Stifel | Bert Subin | $80 → $90 | Maintains | Hold | Get Alert |
06/06/2022 | Buy Now | — | Wolfe Research | Scott Group | — | Upgrade | Underperform → Peer Perform | Get Alert |
06/06/2022 | Buy Now | -39.52% | Wells Fargo | Allison Poliniak Cusic | $68 → $81 | Maintains | Equal-Weight | Get Alert |
04/28/2022 | Buy Now | -49.22% | Wells Fargo | Allison Poliniak Cusic | $66 → $68 | Maintains | Equal-Weight | Get Alert |
04/08/2022 | Buy Now | -46.98% | JP Morgan | Brian Ossenbeck | $88 → $71 | Maintains | Neutral | Get Alert |
04/05/2022 | Buy Now | — | Wolfe Research | Scott Group | — | Downgrade | Peer Perform → Underperform | Get Alert |
02/17/2022 | Buy Now | -34.29% | Wells Fargo | Allison Poliniak Cusic | $90 → $88 | Maintains | Equal-Weight | Get Alert |
02/17/2022 | Buy Now | -29.81% | Stephens & Co. | Justin Long | $92 → $94 | Maintains | Equal-Weight | Get Alert |
01/05/2022 | Buy Now | -32.8% | Baird | Benjamin Hartford | $96 → $90 | Downgrade | Outperform → Neutral | Get Alert |
10/28/2021 | Buy Now | -32.8% | Stephens & Co. | Justin Long | — | Maintains | Equal-Weight | Get Alert |
10/28/2021 | Buy Now | -32.8% | Wells Fargo | Allison Poliniak Cusic | — | Maintains | Equal-Weight | Get Alert |
10/14/2021 | Buy Now | -35.78% | Wells Fargo | Allison Poliniak Cusic | — | Maintains | Equal-Weight | Get Alert |
07/29/2021 | Buy Now | -41.76% | Wells Fargo | Allison Poliniak Cusic | — | Maintains | Equal-Weight | Get Alert |
The latest price target for Ryder System (NYSE:R) was reported by JP Morgan on July 9, 2024. The analyst firm set a price target for $125.00 expecting R to fall to within 12 months (a possible -6.66% downside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Ryder System (NYSE:R) was provided by JP Morgan, and Ryder System maintained their neutral rating.
The last upgrade for Ryder System Inc happened on June 14, 2024 when Vertical Research raised their price target to $145. Vertical Research previously had a hold for Ryder System Inc.
The last downgrade for Ryder System Inc happened on January 10, 2024 when Vertical Research changed their price target from N/A to $120 for Ryder System Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ryder System, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ryder System was filed on July 9, 2024 so you should expect the next rating to be made available sometime around July 9, 2025.
While ratings are subjective and will change, the latest Ryder System (R) rating was a maintained with a price target of $126.00 to $125.00. The current price Ryder System (R) is trading at is $133.92, which is out of the analyst’s predicted range.
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