Stifel issued a report on FedEx (NYSE:FDX), upping its target to $186.00 earlier today
- Updated: September 25, 2016
Stifel bumped up the target of FedEx (NYSE:FDX) to $186.00 stating a potential upside of 0.14%.
Boasting a price of $162.65, FedEx (NYSE:FDX) traded 0.42% higher on the day. The last stock close price is up 7.99% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. FedEx has recorded a 50-day average of $165.36 and a two hundred day average of $161.49. Volume of trade was up over the average, with 2,472,536 shares of FDX changing hands over the typical 1,477,650
Recent Performance Chart
FedEx has 52 week low of $119.71 and a 52 week high of $175.38 with a PE ratio of 26.08 and has a market capitalization of $0.
A total of 22 brokerages have issued a ratings update on FedEx. Nine brokerages rating the company a strong buy, 7 firms rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $181.57.
More About FedEx (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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