# GXO Logistics, Inc. – Consensus ‘buy’ rating and 27.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/gxo-logistics-inc.consensus-buy-rating-and-27.0-upside-potential/4121129757
- Published: 2023-10-13T15:14:47+01:00
- Author: Charlotte Edwards

**GXO Logistics, Inc.** with ticker code (GXO) have now 17 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 80 and 53 calculating the average target price we see $72.35.
Now with the previous closing price of $56.99 this would indicate that there is 
a potential upside of 27.0%. It’s also worth noting that there is a 50 day moving
average of $60.39 while the 200 day moving average is $55.88. The total market capitalization
for the company now stands at 6.56B. The stock price is currently at: 55.16 USD

 The potential market cap would be $8,328,704,949 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 32.45, revenue per share of 79.75
and a 2.7% return on assets.

GXO Logistics, Inc. provides contract logistics services. The Company provides its
customers with warehousing and distribution, order fulfillment, e-commerce and reverse
logistics, and other supply chain services to deliver technology-enabled, customized
solutions. It offers platforms for outsourced e-commerce logistics, including the
e-fulfillment platform in Europe. The Company has three reporting units: Americas
and Asia-Pacific; United Kingdom, and Ireland and Continental Europe. The Company
operates approximately 979 facilities worldwide totaling 197 million square feet
of space, primarily on behalf of large corporations, that have outsourced their 
warehousing, distribution and other related activities to the Company. The Company
serves a range of customers across a range of industries, such as e-commerce, omnichannel
retail, technology and consumer electronics, food and beverage, industrial and manufacturing,
and consumer packaged goods, among others.

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