KD Logo

Citigroup gives a Neutral recommendation for Schneider National Inc (SNDR)

Schneider National Inc’s filing revealed that its Chief Innov. & Tech. Officer Devgun Shaleen unloaded Company’s shares for reported $0.28 million on Aug 02 ’24. In the deal valued at $27.60 per share,10,000 shares were sold. As a result of this transaction, Devgun Shaleen now holds 55,726 shares worth roughly $1.53 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Shaleen Devgun bought 10,000 shares, generating $275,492 in total proceeds.

Citigroup initiated its Schneider National Inc [SNDR] rating to a Neutral in a research note published on October 09, 2024; the price target was $29. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Hold”. BofA Securities also remained covering SNDR and has decreased its forecast on July 22, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Wells Fargo started covering the stock on June 07, 2024. It rated SNDR as “an Equal weight”.

Price Performance Review of SNDR

On Tuesday, Schneider National Inc [NYSE:SNDR] saw its stock fall -0.86% to $27.51. Over the last five days, the stock has gained 0.11%. Schneider National Inc shares have risen nearly 8.09% since the year began. Nevertheless, the stocks have risen 2.50% over the past one year. While a 52-week high of $29.01 was reached on 09/30/24, a 52-week low of $20.50 was recorded on 04/17/24. SMA at 50 days reached $27.36, while 200 days put it at $24.29.

Levels Of Support And Resistance For SNDR Stock

The 24-hour chart illustrates a support level at 27.20, which if violated will result in even more drops to 26.90. On the upside, there is a resistance level at 28.09. A further resistance level may holdings at 28.68. The Relative Strength Index (RSI) on the 14-day chart is 49.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.28%. Stochastics %K at 36.41% indicates the stock is a holding.

How much short interest is there in Schneider National Inc?

A steep rise in short interest was recorded in Schneider National Inc stocks on 2024-09-30, dropping by 74385.0 shares to a total of 4.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.28 million shares. There was a decline of -1.77%, which implies that there is a negative sentiment for the stock.

Most Popular