Investment analysts at Raymond James increased their target price on shares of Express-1 Expedited (NYSE: XPO) from $18.00 to $19.50 in a note issued to investors on Monday.

Express-1 Expedited traded down 2.20% on Monday, hitting $16.89. Express-1 Expedited has a 1-year low of $11.54 and a 1-year high of $19.40. The stock’s 50-day moving average is currently $17.21. The company’s market cap is $303.3 million.

Other equities research analysts have also recently issued reports about the stock. Analysts at FBR Capital raised their price target on shares of Express-1 Expedited from $13.00 to $15.50 in a research note to investors on Friday. They now have a “market perform” rating on the stock. Separately, analysts at Sidoti initiated coverage on shares of Express-1 Expedited in a research note to investors on Friday, February 15th. They set a “buy” rating and a $23.00 price target on the stock. Finally, analysts at KeyBanc reiterated a “hold” rating on shares of Express-1 Expedited in a research note to investors on Monday, December 17th.

Nine research analysts have rated the stock with a buy rating, one has assigned an overweight rating, and three have given a hold rating to the company. The stock currently has a consensus rating of “overweight” and an average target price of $20.68.

Express-1 Expedited Solutions, Inc. is a transportation services company. The Company’s services consist of expedited surface transportation provided through Express-1, Inc.

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