XPO, Inc. (NYSE:XPO) Receives $151.06 Consensus Target Price from Analysts

Shares of XPO, Inc. (NYSE:XPO) have been assigned an average recommendation of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and fourteen have issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $151.06.

A number of brokerages have recently weighed in on XPO. The Goldman Sachs Group boosted their price target on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Stephens reissued an “overweight” rating and set a $165.00 target price on shares of XPO in a research note on Wednesday, December 4th. Citigroup upped their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Barclays dropped their price target on XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Finally, Benchmark upped their price target on XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th.

XPO Trading Up 3.9 %

NYSE:XPO opened at $136.63 on Thursday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $15.90 billion, a P/E ratio of 44.22, a P/E/G ratio of 1.75 and a beta of 2.12. The firm has a 50-day simple moving average of $141.63 and a 200-day simple moving average of $127.50. XPO has a one year low of $95.66 and a one year high of $161.00.

Institutional Trading of XPO

Large investors have recently modified their holdings of the stock. Versant Capital Management Inc purchased a new position in shares of XPO in the 4th quarter valued at about $29,000. ORG Wealth Partners LLC acquired a new position in XPO in the third quarter valued at $25,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of XPO in the fourth quarter valued at about $42,000. UMB Bank n.a. boosted its stake in shares of XPO by 356.6% during the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after buying an additional 353 shares during the period. Finally, Brooklyn Investment Group purchased a new position in shares of XPO during the third quarter worth about $57,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.