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XPO Logistics Inc 29.5% Potential Upside Now Implied by Seaport Global Securities

XPO Logistics Inc with TICKER NYSE:XPO had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘BUY’ yesterday by analysts at Seaport Global Securities. XPO Logistics Inc are listed in the Consumer Services sector within NYSE. Seaport Global Securities have set their target price at 60 USD on its stock. This would indicate that the analyst believes there is a potential upside of 29.5% from the opening price of 46.32 USD.

 

XPO Logistics Inc NYSE:XPO has a 50 day moving average of 45.71 USD and a 200 day moving average of 36.20 USD. The 1 year high for the share price is 49.86 USD while the 52 week low is 21 USD. Over the last 30 and 90 trading days the company share price has increased 2.56 points and increased 9.8 points respectively. There are currently 109,812,174 shares in issue with the average daily volume traded being 850,010. Market capitalisation for NYSE:XPO is $4,949,234,649.00 USD.

 

XPO Logistics Inc is a transportation and logistics company. The Company provides supply chain solutions. The Company operates in two segments: Transportation and Logistics. In the Transportation segment, it provides multiple services to facilitate the movement of raw materials, parts and finished goods. Its transportation services include freight brokerage, last mile, expedite, intermodal, less-than-truckload (LTL), full truckload and global forwarding services.

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