Weekly Analysts’ Ratings Updates for XPO Logistics (XPO)

A number of firms have modified their ratings and price targets on shares of XPO Logistics (NYSE: XPO) recently:

  • 3/6/2017 – XPO Logistics had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $63.00 price target on the stock.
  • 3/4/2017 – XPO Logistics was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “XPO Logistics, Inc. is a third-party logistics provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations. XPO’s suite of logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and truckload brokerage services through Bounce Logistics, Inc. XPO Logistics, Inc., formerly known as Express-1 Expedited Solutions, Inc., is based in Buchanan, Michigan. “
  • 3/3/2017 – XPO Logistics had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $58.00 price target on the stock, up previously from $56.00.
  • 3/1/2017 – XPO Logistics had its “buy” rating reaffirmed by analysts at Barclays PLC. They now have a $65.00 price target on the stock.
  • 2/23/2017 – XPO Logistics had its price target raised by analysts at Cowen and Company from $54.00 to $59.00. They now have an “outperform” rating on the stock.
  • 2/22/2017 – XPO Logistics was given a new $60.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 2/16/2017 – XPO Logistics had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $56.00 price target on the stock, up previously from $50.00.
  • 2/15/2017 – XPO Logistics was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $55.00 price target on the stock. According to Zacks, “XPO Logistics, Inc. is a third-party logistics provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations. XPO’s suite of logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and truckload brokerage services through Bounce Logistics, Inc. XPO Logistics, Inc., formerly known as Express-1 Expedited Solutions, Inc., is based in Buchanan, Michigan. “
  • 2/7/2017 – XPO Logistics is now covered by analysts at Seaport Global Securities. They set a “buy” rating and a $60.00 price target on the stock.

Shares of XPO Logistics Inc (NYSE:XPO) traded down 1.07% on Monday, reaching $48.92. 858,965 shares of the company traded hands. The stock has a 50-day moving average price of $48.71 and a 200 day moving average price of $42.04. XPO Logistics Inc has a 1-year low of $22.23 and a 1-year high of $54.70. The firm has a market capitalization of $5.45 billion, a P/E ratio of 93.18 and a beta of 2.11.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Tuesday, February 21st. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.04. The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $3.65 billion. XPO Logistics had a negative net margin of 0.17% and a positive return on equity of 2.28%. The company’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm earned ($0.21) EPS. Analysts anticipate that XPO Logistics Inc will post $1.78 EPS for the current fiscal year.

XPO Logistics, Inc is a transportation and logistics company. The Company provides supply chain solutions. The Company operates in two segments: Transportation and Logistics. In the Transportation segment, it provides multiple services to facilitate the movement of raw materials, parts and finished goods.

5 Day Chart for NYSE:XPO

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