FedEx Corporation (NYSE:FDX) target price raised to $199.16, issued a report today by Vetr Inc.
- Updated: November 27, 2016
FedEx Corporation (NYSE:FDX) had its target price raised to $199.16 by Vetr Inc. in a report released 11/28/2016. The new target price indicates a possible upside of 0.04% based on the company's last stock close price.
Yesterday FedEx Corporation (NYSE:FDX) traded 0.74% higher at $191.53. The company’s 50-day moving average is $177.63 and its 200-day moving average is $166.56. The last stock close price is up 14.99% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 653,169 shares of the stock were exchanged, down from an avg. volume of 1,571,730
Recent Performance Chart
FedEx Corporation has PE ratio of 28.65 with a one year low of $119.71 and a one year high of $191.84 and has a market capitalization of $0.
A total of 22 brokerages have issued a ratings update on FedEx Corporation. Nine brokerages rating the company a strong buy, seven brokerages rating the company a buy, eleven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $181.57.
General Company Details For 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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