XPO Logistics (NYSE:XPO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.39 by 14 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Citigroup maintains its view on XPO Logistics (NYSE:XPO) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Citigroup raises the price target from $33 per share to $38 per share on XPO Logistics . The rating by the firm was issued on April 14, 2016.
XPO Logistics (NYSE:XPO): 12 analysts have set the short term price target of XPO Logistics (NYSE:XPO) at $38.58. The standard deviation of short term price target has been estimated at $9.6, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 60 and $18 respectively.
XPO Logistics (NYSE:XPO) witnessed a decline in the market cap on Tuesday as its shares dropped 5.33% or 1.5 points. After the session commenced at $27.58, the stock reached the higher end at $27.95 while it hit a low of $26.65. With the volume soaring to 1,465,043 shares, the last trade was called at $26.66. The company has a 52-week high of $48.54. The company has a market cap of $2,933 million and there are 110,006,419 shares in outstanding. The 52-week low of the share price is $18.04.
XPO Logistics, Inc. has lost 2.13% in the last five trading days and dropped 1.62% in the last 4 weeks. XPO Logistics, Inc. has dropped 14.47% during the last 3-month period . Year-to-Date the stock performance stands at -2.17%.
XPO Logistics, Inc. is a provider of transportation logistics services and a provider of engineered, technology-enabled contract logistics. The Company operates in two segments: Transportation segment and Logistics segment. The Transportation segment consists of its truck brokerage, intermodal, last mile, expedited transportation and freight forwarding businesses. The Logistics segment provides contract logistics services, including warehousing and distribution, reverse logistics, transportation management, freight bill audit and payment, aftermarket support and supply chain optimization for its clients. Its services include truckload transportation, last mile logistics, engineered supply chain solutions, warehousing and distribution, ground and air expedite, intermodal, global forwarding and managed transportation. It also offers truckload transportation in North America.