Shares of XPO Logistics Inc (NYSE:XPO) have received an average recommendation of “Buy” from the twenty brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $87.38.
A number of equities analysts recently commented on XPO shares. JPMorgan Chase & Co. increased their price objective on XPO Logistics from $74.00 to $84.00 and gave the stock an “overweight” rating in a report on Thursday, October 12th. Deutsche Bank restated a “buy” rating on shares of XPO Logistics in a report on Friday, December 22nd. Goldman Sachs Group started coverage on XPO Logistics in a report on Monday, November 13th. They issued a “buy” rating and a $90.00 price objective on the stock. Zacks Investment Research upgraded XPO Logistics from a “hold” rating to a “buy” rating and set a $103.00 price objective on the stock in a report on Saturday, January 6th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $106.00 price objective (up previously from $79.00) on shares of XPO Logistics in a report on Thursday, January 11th.
XPO Logistics (XPO) opened at $89.74 on Tuesday. XPO Logistics has a twelve month low of $43.39 and a twelve month high of $98.37. The company has a market capitalization of $11,247.45, a P/E ratio of 74.78, a P/E/G ratio of 0.81 and a beta of 2.55. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.24.
Several large investors have recently added to or reduced their stakes in the company. Fishman Jay A Ltd. MI lifted its holdings in shares of XPO Logistics by 1.0% during the 4th quarter. Fishman Jay A Ltd. MI now owns 229,116 shares of the transportation company’s stock valued at $20,985,000 after purchasing an additional 2,325 shares in the last quarter. Deltec Asset Management LLC lifted its holdings in shares of XPO Logistics by 78.2% during the 4th quarter. Deltec Asset Management LLC now owns 7,408 shares of the transportation company’s stock valued at $678,000 after purchasing an additional 3,250 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in shares of XPO Logistics by 3.5% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 24,359 shares of the transportation company’s stock valued at $2,231,000 after purchasing an additional 818 shares in the last quarter. Cadence Bank NA bought a new position in shares of XPO Logistics during the 4th quarter valued at about $281,000. Finally, Aperio Group LLC lifted its stake in XPO Logistics by 9.7% in the 4th quarter. Aperio Group LLC now owns 13,155 shares of the transportation company’s stock valued at $1,205,000 after acquiring an additional 1,159 shares in the last quarter.
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About XPO Logistics
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.
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