Daseke – Consensus Indicates Potential 46.6% Upside

Broker Ratings

Daseke found using ticker (DSKE) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 10 and 7.5 with the average target price sitting at 8.5. With the stocks previous close at 5.8 this indicates there is a potential upside of 46.6%. The 50 day MA is 6.24 and the 200 day moving average is 5.73. The market capitalisation for the company is $383m. Company Website: http://www.daseke.com

Daseke consolidates and provides transportation and logistics solutions with a focus on flatbed and specialized freight in the United States, Canada, and Mexico. It operates in two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials, as well as heavy machinery, such as construction, mining, and agriculture. It also offers logistical planning and warehousing services. As of July 13, 2020, it had a fleet of approximately 5,000 tractors; and 11,500 flatbed and specialized trailers. Daseke was founded in 2008 and is headquartered in Addison, Texas.

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