Stifel Nicolaus Maintains Their Hold Rating on XPO Logistics (XPO)


In a report released today, J. Bruce Chan from Stifel Nicolaus maintained a Hold rating on XPO Logistics (NYSE: XPO), with a price target of $126. The company’s shares closed yesterday at $112, close to its 52-week high of $115.49.

According to TipRanks.com, Chan is a 3-star analyst with an average return of 12.2% and a 100.0% success rate. Chan covers the Services sector, focusing on stocks such as Expeditors International, Echo Global Logistics, and Landstar System Inc.

XPO Logistics has an analyst consensus of Strong Buy, with a price target consensus of $122.43.

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The company has a one-year high of $115.49 and a one-year low of $59.30. Currently, XPO Logistics has an average volume of 1.19M.

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XPO Logistics, Inc. engages in the provision of supply chain solutions. It operates through the Transportation and Logistics segments. The Transportation segment includes freight brokerage, last mile, less-than-truckload, full truck load, and global forwarding services.

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