Short Term Rating on FedEx Corporation (FDX)

FedEx Corporation (FDX) : 10 brokerage houses believe that FedEx Corporation (FDX) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on FedEx Corporation (FDX). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.

FedEx Corporation (FDX) : Currently there are 12 street experts covering FedEx Corporation (FDX) stock. The most bullish and bearish price target for the stock is $205 and $145 respectively for the short term. The average price target of all the analysts comes to $181.08. The estimated standard deviation from the target is $14.72.

For the current week, the company shares have a recommendation consensus of Buy.


FedEx Corporation (NYSE:FDX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $157.80 and $157.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $160.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $159.95, notching a gain of 1.81% for the day. The total traded volume was 1,723,689 . The stock had closed at $157.11 on the previous day.

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company offers its services through companies constituting four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. FedEx Express offers a range of domestic and international shipping services for delivery of packages and freight. FedEx Ground provides business and residential money-back guaranteed ground package delivery services. FedEx Freight offers less-than-truckload (LTL) freight services. FedEx Services provides FedExs other companies with sales, marketing, information technology, communications, customer service and certain other back-office support. The Companys subsidiaries include Federal Express Corporation, FedEx Trade Networks, Inc., FedEx Ground Package System, Inc., FedEx SmartPost, Inc., FedEx Corporate Services, Inc. and GENCO Distribution System, Inc., among others.

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