XPO Logistics (XPO) Price Target Increased to $125.00 by Analysts at Morgan Stanley

XPO Logistics (NYSE:XPO) had its target price raised by Morgan Stanley from $85.00 to $125.00 in a report published on Monday morning. Morgan Stanley currently has an overweight rating on the transportation company’s stock.

XPO has been the subject of a number of other reports. Deutsche Bank reiterated a buy rating on shares of XPO Logistics in a report on Friday, December 22nd. Credit Suisse Group cut their price objective on shares of XPO Logistics from $106.00 to $104.00 and set an outperform rating on the stock in a research report on Friday, February 9th. CIBC cut their price objective on shares of XPO Logistics from $77.00 to $75.00 and set an outperform rating on the stock in a research report on Monday, November 20th. Macquarie increased their price objective on shares of XPO Logistics from $80.00 to $105.00 and gave the stock an outperform rating in a research report on Wednesday, December 27th. Finally, Stephens set a $95.00 price objective on shares of XPO Logistics and gave the stock a hold rating in a research report on Friday, February 9th. Three investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $96.20.

Shares of XPO Logistics (XPO) opened at $93.47 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.24. XPO Logistics has a 1-year low of $44.51 and a 1-year high of $98.37. The firm has a market capitalization of $11,210.00, a PE ratio of 38.78, a price-to-earnings-growth ratio of 0.96 and a beta of 2.55.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.02. XPO Logistics had a return on equity of 7.66% and a net margin of 2.11%. The firm had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $3.90 billion. During the same period last year, the business posted $0.24 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. sell-side analysts predict that XPO Logistics will post 3.21 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. K.J. Harrison & Partners Inc bought a new position in XPO Logistics in the 3rd quarter valued at about $847,000. Fuller & Thaler Asset Management Inc. bought a new position in XPO Logistics in the 3rd quarter valued at about $102,000. Benjamin F. Edwards & Company Inc. bought a new position in XPO Logistics in the 4th quarter valued at about $172,000. Oak Point Wealth Management bought a new position in XPO Logistics in the 4th quarter valued at about $220,000. Finally, Pillar Pacific Capital Management LLC bought a new position in XPO Logistics in the 4th quarter valued at about $224,000.

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XPO Logistics Company Profile

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.

Analyst Recommendations for XPO Logistics (NYSE:XPO)

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