Breaking Finance News

Zacks Investment Research announced XPO Logistics Inc (NYSE:XPO), raising its target price to $72.00 today

Having a price of $63.26, XPO Logistics Inc (NYSE:XPO) traded 1.16% higher on the day. With the last close up 4.12% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. XPO has recorded a 50-day average of $60.94 and a two hundred day average of $53.43. Trade Volume was down over the average, with 1,712,815 shares of XPO changing hands under the typical 1,979,580

XPO Logistics Inc (NYSE:XPO) had its target price raised to $72.00 by Zacks Investment Research in an issued report issued Friday July 07, 2017. The upped price target implies a potential upside of 0.14% from the company's previous close.

On 6/29/2017, KeyCorp released a statement on XPO Logistics Inc (NYSE:XPO) upped the target price from $60.00 to $70.00 that suggested an upside of 0.09%.

Recent Performance Chart

XPO Logistics Inc (NYSE:XPO)

XPO Logistics Inc has PE ratio of 63.72 with a one year low of $31.68 and a one year high of $65.44 and has a market capitalization of $0.

A total of 16 equity analysts have released a research note on XPO. Eight equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, zero equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $38.84.

More About XPO Logistics Inc (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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.