NEW YORK, February 4 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities reiterate their Hold rating on the shares of Landstar System (NASDAQ: LSTR). The 12-month target price is set to $52.

In a research note published yesterday, the analysts mention that Landstar System reported Q4 EPS of $0.70, exceeding the estimate and consensus of $0.65 and $0.66, respectively. The beat in results reflects a mix of better-than-expected top line and efficient cost controls. The upside performance was supported by a good insurance quarter, which added $0.04 per share, and a lower-than-expected tax rate of $0.03 per share tailwind, the analysts add. Landstar System holds a bullish outlook by releasing the full-year 2012 EPS estimate in the range of $2.62-$2.82 per share, as per Deutsche Bank Securities.