FedEx Freight Hldg Co (NYSE:FDXF) Given Consensus Rating of “Moderate Buy” by Analysts

FedEx Freight Hldg Co (NYSE:FDXF) has been given a consensus rating of “Moderate Buy” by the thirteen research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $177.90.

FDXF has been the subject of several research reports. Citizens Jmp started coverage on shares of FedEx Freight in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $190.00 price target for the company. Bank of America started coverage on shares of FedEx Freight in a research report on Monday, June 1st. They set a “buy” rating and a $185.00 target price for the company. Wall Street Zen upgraded shares of FedEx Freight to a “hold” rating in a research report on Saturday, June 6th. Jefferies Financial Group began coverage on shares of FedEx Freight in a research note on Tuesday, June 23rd. They set a “buy” rating and a $200.00 price target on the stock. Finally, Citigroup initiated coverage on shares of FedEx Freight in a research report on Wednesday, July 15th. They set an “outperform” rating for the company.

FedEx Freight Trading Up 3.7%

Shares of FDXF opened at $154.81 on Friday. FedEx Freight has a one year low of $139.57 and a one year high of $194.27.

FedEx Freight (NYSE:FDXF) last posted its quarterly earnings data on Thursday, June 25th. The company reported $0.00 EPS for the quarter.

FedEx Freight Company Profile

FedEx Freight is the less-than-truckload (LTL) freight transportation arm of FedEx, providing time-definite, regional, and interregional shipping services for commercial customers in North America. The company specializes in moving palletized freight that is too large for parcel shipment but does not require a full truckload, and it offers services designed to help businesses manage supply chain and distribution needs.

As part of the FedEx family of companies, FedEx Freight operates an extensive network of service centers and transportation routes across the United States, Canada, and Mexico.