Credit Suisse Group reaffirmed their outperform rating on shares of XPO Logistics (NYSE:XPO) in a report released on Thursday, The Fly reports. They currently have a $106.00 price objective on the transportation company’s stock, up from their previous price objective of $79.00.

XPO has been the topic of a number of other research reports. Deutsche Bank reiterated a buy rating on shares of XPO Logistics in a research report on Friday, December 22nd. CIBC reduced their price target on XPO Logistics from $77.00 to $75.00 and set an outperform rating on the stock in a research report on Monday, November 20th. Macquarie upped their price target on XPO Logistics from $80.00 to $105.00 and gave the company an outperform rating in a research report on Wednesday, December 27th. Zacks Investment Research upgraded XPO Logistics from a hold rating to a buy rating and set a $103.00 price target on the stock in a research report on Saturday, January 6th. Finally, Stifel Nicolaus upped their price target on XPO Logistics from $77.00 to $80.00 and gave the company a buy rating in a research report on Monday, November 6th. Two research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of $89.50.

Shares of XPO Logistics (NYSE XPO) opened at $95.01 on Thursday. The firm has a market capitalization of $11,390.08, a price-to-earnings ratio of 54.92, a P/E/G ratio of 0.87 and a beta of 2.52. XPO Logistics has a 52-week low of $42.07 and a 52-week high of $95.35. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.24.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Wednesday, November 1st. The transportation company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.79 billion. XPO Logistics had a return on equity of 7.01% and a net margin of 1.11%. XPO Logistics’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS. analysts forecast that XPO Logistics will post 1.93 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the company. IHT Wealth Management LLC acquired a new position in shares of XPO Logistics in the 2nd quarter valued at about $1,147,000. K.J. Harrison & Partners Inc acquired a new position in shares of XPO Logistics in the 3rd quarter valued at about $847,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of XPO Logistics in the 3rd quarter valued at about $102,000. Oak Point Wealth Management acquired a new position in shares of XPO Logistics in the 4th quarter valued at about $220,000. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of XPO Logistics by 49.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,392 shares of the transportation company’s stock valued at $219,000 after purchasing an additional 1,129 shares during the period.

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XPO Logistics Company Profile

XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.

The Fly

Analyst Recommendations for XPO Logistics (NYSE:XPO)

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