Fedex Corporation (NYSE:FDX) stock price target raised to $184.00, issued a report earlier today by Oppenheimer
- Updated: September 21, 2016
Stating as potential upside of 0.07%, Oppenheimer bumped up the target price of Fedex Corporation (NYSE:FDX) to $184.00
Having a price of $172.02, Fedex Corporation (NYSE:FDX) traded 0.86% higher on the day. With the last stock price close up 0.96% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $164.16 and a 200-day average of $161.10. Trade Volume was up over the average, with 2,697,155 shares of FDX changing hands over the typical 1,444,920
With a total market value of $0, Fedex Corporation has P/E ratio of 24.98 with a 52 week low of $119.71 and a one year high of $169.57 .
A total of 22 brokerages have issued a ratings update on Fedex Corporation. Nine brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell with a 12-month price target of $181.57.
More About Fedex Corporation (NYSE:FDX)
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively, operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of the United States domestic and international shipping services for delivery of packages and freight. TNT Express segment collects, transports and delivers documents, parcels and freight on a day-definite or time-definite basis. The FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides its other companies with sales, marketing, information technology, communications, customer service and other back-office support.
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