XPO Logistics (NYSE:XPO) received a $95.00 target price from stock analysts at Stephens in a research note issued to investors on Friday. The firm presently has a “hold” rating on the transportation company’s stock. Stephens’ target price suggests a potential upside of 10.45% from the company’s current price.
Several other equities research analysts have also weighed in on the company. Citigroup dropped their price target on XPO Logistics from $110.00 to $75.00 and set a “buy” rating on the stock in a research report on Tuesday, December 26th. Stifel Nicolaus dropped their price target on XPO Logistics from $120.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, January 2nd. Bank of America set a $103.00 price target on XPO Logistics and gave the company a “buy” rating in a research report on Wednesday, January 3rd. Deutsche Bank restated a “buy” rating on shares of XPO Logistics in a research report on Friday, December 22nd. Finally, Macquarie lifted their price target on XPO Logistics from $80.00 to $105.00 and gave the company an “outperform” rating in a research report on Wednesday, December 27th. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $93.57.
Shares of XPO Logistics (NYSE:XPO) opened at $86.01 on Friday. The firm has a market capitalization of $10,430.00, a P/E ratio of 35.69, a PEG ratio of 0.73 and a beta of 2.55. XPO Logistics has a 1 year low of $44.51 and a 1 year high of $98.37. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23.
A number of large investors have recently made changes to their positions in XPO. Stifel Financial Corp raised its stake in XPO Logistics by 55.1% during the second quarter. Stifel Financial Corp now owns 44,250 shares of the transportation company’s stock valued at $2,843,000 after buying an additional 15,720 shares during the last quarter. Caxton Associates LP purchased a new position in XPO Logistics during the second quarter valued at $317,000. Raymond James Financial Services Advisors Inc. purchased a new position in XPO Logistics during the second quarter valued at $682,000. California State Teachers Retirement System raised its stake in XPO Logistics by 2.9% during the second quarter. California State Teachers Retirement System now owns 198,620 shares of the transportation company’s stock valued at $12,837,000 after buying an additional 5,505 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in XPO Logistics during the second quarter valued at $3,214,000.
COPYRIGHT VIOLATION WARNING: This piece was published by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this piece can be accessed at https://stocknewstimes.com/2018/02/11/xpo-logistics-xpo-pt-set-at-95-00-by-stephens.html.
XPO Logistics Company Profile
XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.
Receive News & Ratings for XPO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.