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A report released earlier today by Goldman Sachs about XPO Logistics (NYSE:XPO) raises the target price to $90.00

Yesterday XPO Logistics (NYSE:XPO) traded -1.81% lower at $69.35. The company’s 50-day moving average is $58.87 and its 200-day moving average is $55.67. The last closing price is up 19.54% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 609,124 shares of the stock were exchanged, down from an average trading volume of 1,963,630

XPO Logistics (NYSE:XPO) had its target price raised to $90.00 by Goldman Sachs in a report released 11/13/2017. The new target price indicates a possible upside of 0.30% based on the company's last closing price.

Previously on Monday November 06, 2017, Stifel Nicolaus reported on XPO Logistics (NYSE:XPO) raised the target price from $77.00 to $80.00. At the time, this indicated a possible upside of 0.08%.

See Chart Below

XPO Logistics (NYSE:XPO)

XPO Logistics has a PE ratio of 76.23 with a one year low of $31.68 and a one year high of $68.15 XPO Logistics’s market capitalization is presently $0.

A total of 16 analysts have released a report on XPO Logistics. Eight equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, 0 brokers rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the company a sell with a 12-month price target of $38.84.

General Company Details For XPO Logistics (NYSE:XPO)

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. Its freight brokerage operations encompass truck brokerage globally, as well as intermodal, drayage and expedite services in North America. In Logistics segment, it provides warehousing and distribution solutions, such as factory support, aftermarket support, integrated manufacturing, packaging, labeling and transportation. As of December 31, 2016, the Company had more than 10,000 independent owner operators under contract to provide drayage, expedite, last mile and LTL services to its customers.

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