XPO Logistics (NYSE:XPO)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued to investors on Thursday. They currently have a $108.00 price objective on the transportation company’s stock. Deutsche Bank’s price target points to a potential upside of 100.63% from the company’s current price.

Several other brokerages have also recently commented on XPO. Credit Suisse Group decreased their price objective on shares of XPO Logistics from $119.00 to $92.00 and set an “outperform” rating for the company in a research note on Thursday, December 13th. ValuEngine cut shares of XPO Logistics from a “hold” rating to a “sell” rating in a research note on Friday, December 7th. Morgan Stanley lifted their price objective on shares of XPO Logistics from $125.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, November 5th. KeyCorp decreased their price objective on shares of XPO Logistics from $115.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday, November 2nd. Finally, Cowen restated a “buy” rating and set a $112.00 price objective on shares of XPO Logistics in a research note on Thursday, December 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $105.49.

XPO stock opened at $53.83 on Thursday. The company has a market capitalization of $6.54 billion, a P/E ratio of 27.61, a P/E/G ratio of 0.42 and a beta of 2.51. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.88. XPO Logistics has a 52 week low of $41.05 and a 52 week high of $116.27.

XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, October 31st. The transportation company reported $0.89 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.09). XPO Logistics had a return on equity of 9.70% and a net margin of 3.04%. The company had revenue of $4.34 billion during the quarter, compared to analyst estimates of $4.40 billion. During the same quarter last year, the business earned $0.59 earnings per share. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. As a group, equities research analysts forecast that XPO Logistics will post 3.31 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. TRUE Private Wealth Advisors acquired a new position in shares of XPO Logistics in the 3rd quarter valued at $111,000. Stratos Wealth Partners LTD. acquired a new position in shares of XPO Logistics in the 3rd quarter valued at $118,000. Signet Financial Management LLC acquired a new position in shares of XPO Logistics in the 2nd quarter valued at $127,000. NEXT Financial Group Inc acquired a new position in shares of XPO Logistics in the 3rd quarter valued at $129,000. Finally, Cerebellum GP LLC acquired a new position in shares of XPO Logistics in the 3rd quarter valued at $190,000. Hedge funds and other institutional investors own 94.07% of the company’s stock.

About XPO Logistics

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; and logistics services for domestic, cross-border, and international shipments.

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Analyst Recommendations for XPO Logistics (NYSE:XPO)

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