Oppenheimer analyst Scott Schneeberger maintained a Buy rating on FedEx (NYSE: FDX) today. The company’s shares closed yesterday at $241.95.
According to TipRanks.com, Schneeberger is a top 100 analyst with an average return of 14.0% and a 69.0% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, Landstar System Inc, and General Finance.
FedEx has an analyst consensus of Strong Buy, with a price target consensus of $293.
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The company has a one-year high of $274.66 and a one-year low of $186. Currently, FedEx has an average volume of 1.76M.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. Last month, Paul S. Walsh, a Director at FDX sold 4,400 shares for a total of $1,122,000.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
FedEx Corp. engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, TNT Express, FedEx Ground, FedEx Freight, FedEx Services, and Other. The FedEx Express segment consists of domestic and international shipping services for delivery of packages, and freight.
