Is Covenant Logistics Group Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CVLG) stock is to Strong Buy CVLG stock.
Out of 2 analysts, 1 (50%) are recommending CVLG as a Strong Buy, 1 (50%) are recommending CVLG as a Buy, 0 (0%) are recommending CVLG as a Hold, 0 (0%) are recommending CVLG as a Sell, and 0 (0%) are recommending CVLG as a Strong Sell.
According to 2 Wall Street analysts that have issued a 1 year CVLG price target, the average CVLG price target is $68.00, with the highest CVLG stock price forecast at $70.00 and the lowest CVLG stock price forecast at $66.00.
On average, Wall Street analysts predict that Covenant Logistics Group's share price could reach $68.00 by Jan 25, 2025. The average Covenant Logistics Group stock price prediction forecasts a potential upside of 52.09% from the current CVLG share price of $44.71.
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