# GXO Logistics, Inc.  Share Price Target ‘$68.86’, now 31.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/gxo-logistics-inc.share-price-target-68.86-now-31.5-upside-potential/4121145225
- Published: 2024-02-29T14:06:33+00:00
- Author: Charlotte Edwards

**GXO Logistics, Inc.** with ticker code (GXO) now have 14 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $80.00 and $53.00 with the
average share target price sitting at $68.86. (at the time of writing). Given that
the stocks previous close was at $52.36 this now indicates there is a potential 
upside of 31.5%. The 50 day MA is $57.18 and the 200 day MA is $58.69. The market
cap for the company is 6.12B. The stock price is currently at: $51.30 USD

 The potential market cap would be $8,046,125,841 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 26.72, revenue per share of $82.23
and a 2.62% 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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