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Expeditors International of Washington (NDAQ:EXPD) stock price target bumped up to $59.00, released a research note earlier today by Goldman Sachs

Boasting a price of $59.53, Expeditors International of Washington (NDAQ:EXPD) traded -0.03% lower on the day. The last closing price is up 6.86% from the 200-day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. EXPD has recorded a 50-day moving average of $56.45 and a 200-day moving average of $56.00. 321,031 shares of the stock were exchanged, down from an average trading volume of 1,089,110

Stating a potential downside of -0.01%, Goldman Sachs increased the stock price target of Expeditors International of Washington (NDAQ:EXPD) to $59.00

On 11/08/2017, Cowen released a statement about Expeditors International of Washington (NDAQ:EXPD) bumped up the target price from $54.00 to $58.00 that suggested a downside of -0.04%.

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Expeditors International of Washington (NDAQ:EXPD)

Expeditors International of Washington has a PE ratio of 25.90 with a one year low of $47.23 and a one year high of $60.30 EXPD’s total market value is presently $0.

A total of 16 brokerages have issued a ratings update on the company. 4 brokers rating the stock a strong buy, 1 analyst rating the company a buy, fourteen analysts rating the company a hold, two brokerages rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $50.47.

General Information About Expeditors International of Washington (NDAQ:EXPD)

Expeditors International of Washington, Inc. is a logistics company. The Company is a third-party logistics provider, and purchases cargo space from carriers, including airlines and ocean shipping lines on a volume basis and resells that space to its customers. The Company provides a range of customer solutions, such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions. In addition, the Company's Project Cargo unit handles special project shipments that move through a single method or combination of air, ocean, and/or ground transportation. The Company's services include airfreight services, ocean freight and ocean services, and customs brokerage and other services. The Company operates along five geographic areas: the Americas; North Asia; South Asia; Europe, and the Middle East, Africa and India.

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