In a report released today, John Larkin from Stifel Nicolaus maintained a Hold rating on XPO Logistics (NYSE: XPO), with a price target of $118. The company’s shares closed yesterday at $114.04, close to its 52-week high of $115.49.
Larkin has an average return of 42.7% when recommending XPO Logistics.
According to TipRanks.com, Larkin is ranked #344 out of 4829 analysts.
Currently, the analyst consensus on XPO Logistics is Strong Buy and the average price target is $122.40, representing a 7.3% upside.
In a report issued on June 14, Merrill Lynch also downgraded the stock to Hold with a $117 price target.
See today’s analyst top recommended stocks >>
XPO Logistics’ market cap is currently $13.75B and has a P/E ratio of 41.62. The company has a Price to Book ratio of 3.78.
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.
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.
