Cowen reissued their outperform rating on shares of XPO Logistics (NYSE:XPO) in a research report report published on Friday morning, Marketbeat.com reports. Cowen currently has a $100.00 target price on the transportation company’s stock, up from their prior target price of $85.00.

Other equities analysts have also issued reports about the stock. KeyCorp reiterated a buy rating and set a $75.00 target price on shares of XPO Logistics in a report on Thursday, October 12th. Oppenheimer reiterated a buy rating and set a $75.00 target price on shares of XPO Logistics in a report on Thursday, October 12th. Goldman Sachs Group started coverage on shares of XPO Logistics in a report on Monday, November 13th. They set a buy rating and a $90.00 target price for the company. Stifel Nicolaus lifted their target price on shares of XPO Logistics from $77.00 to $80.00 and gave the company a buy rating in a report on Monday, November 6th. Finally, Deutsche Bank reiterated a buy rating and set a $110.00 target price on shares of XPO Logistics in a report on Friday, November 3rd. Three 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. XPO Logistics currently has a consensus rating of Buy and an average price target of $93.57.

XPO Logistics (NYSE XPO) opened at $86.01 on Friday. XPO Logistics has a 1-year low of $44.51 and a 1-year high of $98.37. The stock has a market cap of $10,310.00, a P/E ratio of 35.69, a PEG ratio of 0.74 and a beta of 2.55. 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 released its earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.02. XPO Logistics had a net margin of 2.11% and a return on equity of 7.66%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same period last year, the business earned $0.24 earnings per share. The business’s revenue was up 14.1% on a year-over-year basis. sell-side analysts predict that XPO Logistics will post 3.13 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in XPO. Stifel Financial Corp raised its holdings in XPO Logistics by 55.1% in the 2nd quarter. Stifel Financial Corp now owns 44,250 shares of the transportation company’s stock worth $2,843,000 after acquiring an additional 15,720 shares during the last quarter. Caxton Associates LP bought a new stake in XPO Logistics in the 2nd quarter worth approximately $317,000. Raymond James Financial Services Advisors Inc. bought a new stake in XPO Logistics in the 2nd quarter worth approximately $682,000. California State Teachers Retirement System grew its position in XPO Logistics by 2.9% in the 2nd quarter. California State Teachers Retirement System now owns 198,620 shares of the transportation company’s stock worth $12,837,000 after purchasing an additional 5,505 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in XPO Logistics in the 2nd quarter worth approximately $3,214,000.

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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.

Analyst Recommendations for XPO Logistics (NYSE:XPO)

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