Covenant Logistics Group Inc has a consensus price target of $61.25 based on the ratings of 5 analysts. The high is $70 issued by Vertical Research on January 23, 2024. The low is $36 issued by Stephens & Co. on January 24, 2025. The 3 most-recent analyst ratings were released by Stephens & Co., TD Cowen, and TD Cowen on January 24, 2025, October 25, 2024, and July 26, 2024, respectively. With an average price target of $58.33 between Stephens & Co., TD Cowen, and TD Cowen, there's an implied 182.90% upside for Covenant Logistics Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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01/24/2025 | Buy Now | 74.59% | Stephens & Co. | Daniel Imbro64% | $36 → $36 | Reiterates | Overweight → Overweight | Get Alert |
10/25/2024 | Buy Now | 234.63% | TD Cowen | Jason Seidl53% | $35 → $34.5 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 239.48% | TD Cowen | Jason Seidl53% | $32.5 → $35 | Maintains | Buy | Get Alert |
01/25/2024 | Buy Now | 220.08% | TD Cowen | Jason Seidl53% | $25.5 → $33 | Upgrade | Market Perform → Outperform | Get Alert |
01/23/2024 | Buy Now | 239.48% | Vertical Research | Jeffrey Kauffman64% | → $35 | Initiates | → Buy | Get Alert |
07/28/2023 | Buy Now | 239.48% | Stephens & Co. | Jack Atkins65% | $31.5 → $35 | Maintains | Overweight | Get Alert |
05/01/2023 | Buy Now | 205.53% | Stephens & Co. | Jack Atkins65% | $25 → $31.5 | Maintains | Overweight | Get Alert |
01/10/2023 | Buy Now | — | Wolfe Research | Scott Group59% | — | Upgrade | Underperform → Peer Perform | Get Alert |
10/24/2022 | Buy Now | 93.99% | Stephens & Co. | Jack Atkins65% | $17.5 → $20 | Maintains | Equal-Weight | Get Alert |
The latest price target for Covenant Logistics Gr (NYSE:CVLG) was reported by Stephens & Co. on January 24, 2025. The analyst firm set a price target for $36.00 expecting CVLG to rise to within 12 months (a possible 74.59% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Covenant Logistics Gr (NYSE:CVLG) was provided by Stephens & Co., and Covenant Logistics Gr reiterated their overweight rating.
The last upgrade for Covenant Logistics Group Inc happened on January 25, 2024 when TD Cowen raised their price target to $66. TD Cowen previously had a market perform for Covenant Logistics Group Inc.
There is no last downgrade for Covenant Logistics Gr.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Covenant Logistics Gr, 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 Covenant Logistics Gr was filed on January 24, 2025 so you should expect the next rating to be made available sometime around January 24, 2026.
While ratings are subjective and will change, the latest Covenant Logistics Gr (CVLG) rating was a reiterated with a price target of $36.00 to $36.00. The current price Covenant Logistics Gr (CVLG) is trading at is $20.62, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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