Citigroup Upgrades C.H. Robinson to Buy as Shares Trade at $159.78
On May 15, Citigroup upgraded C.H. Robinson Worldwide from Neutral to Buy, citing stronger growth and momentum metrics. The stock trades at $159.78 with a market capitalization of $18.83 billion, holding a Zacks Rank of #3 compared to competitor ZTO Express's Rank #2.
1. Citigroup Upgrade Details
On May 15, Citigroup raised its rating on C.H. Robinson Worldwide from Neutral to Buy, highlighting the company’s strong growth and momentum style scores that suggest potential outperformance.
2. Zacks Comparative Ranking
C.H. Robinson holds a Zacks Rank of #3 (Hold), trailing ZTO Express’s Rank of #2 (Buy), indicating a more conservative analyst outlook compared to its major competitor.
3. Trading and Valuation Metrics
Shares of C.H. Robinson trade at $159.78 with a market capitalization of $18.83 billion, a 52-week range of $92.36–$203.34, and average daily volume of 4.96 million shares.