XPO Logistics (NYSE:XPO) Given New $85.00 Price Target at M…

XPO Logistics (NYSE:XPO) Given New $85.00 Price Target at M…


XPO Logistics (NYSE:XPO) had its price target lifted by Morgan Stanley from $81.00 to $85.00 in a research note published on Tuesday, BenzingaRatingsTable reports. The firm currently has an equal weight rating on the transportation company’s stock.

Other equities analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of XPO Logistics from a buy rating to a hold rating in a research report on Saturday, January 11th. Raymond James restated an outperform rating and set a $108.00 price objective (up previously from $105.00) on shares of XPO Logistics in a research report on Wednesday, February 12th. ValuEngine upgraded shares of XPO Logistics from a strong sell rating to a sell rating in a research report on Thursday, January 16th. Cowen upped their price objective on shares of XPO Logistics from $98.00 to $112.00 and gave the stock an outperform rating in a research report on Thursday, January 16th. Finally, Credit Suisse Group upped their price objective on shares of XPO Logistics from $94.00 to $111.00 and gave the stock an outperform rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $96.47.

Shares of XPO Logistics stock opened at $98.06 on Tuesday. The company has a market cap of $8.79 billion, a P/E ratio of 27.01, a PEG ratio of 0.71 and a beta of 2.45. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.03 and a current ratio of 1.03. XPO Logistics has a one year low of $45.73 and a one year high of $98.43. The firm has a fifty day moving average of $88.04 and a two-hundred day moving average of $78.76.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings data on Monday, February 10th. The transportation company reported $1.12 EPS for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.11. The company had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.23 billion. XPO Logistics had a net margin of 2.44% and a return on equity of 15.91%. XPO Logistics’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. As a group, equities analysts predict that XPO Logistics will post 4.76 earnings per share for the current year.

Several large investors have recently bought and sold shares of XPO. NEXT Financial Group Inc grew its stake in shares of XPO Logistics by 27.9% during the 3rd quarter. NEXT Financial Group Inc now owns 995 shares of the transportation company’s stock worth $71,000 after purchasing an additional 217 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in XPO Logistics by 198.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 64,123 shares of the transportation company’s stock valued at $4,589,000 after acquiring an additional 42,632 shares during the last quarter. Brinker Capital Inc. grew its stake in XPO Logistics by 36.7% in the 3rd quarter. Brinker Capital Inc. now owns 12,928 shares of the transportation company’s stock valued at $925,000 after acquiring an additional 3,468 shares during the last quarter. World Asset Management Inc grew its stake in XPO Logistics by 5.0% in the 3rd quarter. World Asset Management Inc now owns 6,137 shares of the transportation company’s stock valued at $439,000 after acquiring an additional 294 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in XPO Logistics by 223.4% in the 3rd quarter. Quadrant Capital Group LLC now owns 692 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 478 shares during the last quarter.

XPO Logistics Company Profile

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, and internationally. The company’s Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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Analyst Recommendations for XPO Logistics (NYSE:XPO)



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Transportation Services CEO Jonathan Cartu

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