Analysts Set XPO, Inc. (NYSE:XPO) Target Price at $151.06

XPO, Inc. (NYSE:XPO) has been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are covering the stock, 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 brokers that have issued a report on the stock in the last year is $151.06.

XPO has been the topic of a number of recent research reports. Oppenheimer lifted their target price on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Stifel Nicolaus lifted their target price on shares of XPO from $124.00 to $147.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. The Goldman Sachs Group lifted their target price on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Benchmark boosted their price objective on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Barclays dropped their price objective on shares of XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th.

Hedge Funds Weigh In On XPO

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. D1 Capital Partners L.P. grew its stake in shares of XPO by 84.2% during the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after purchasing an additional 2,153,042 shares during the period. State Street Corp grew its stake in shares of XPO by 1.1% during the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock worth $373,903,000 after purchasing an additional 37,486 shares during the period. Clearbridge Investments LLC boosted its position in shares of XPO by 11.3% in the 2nd quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after buying an additional 253,519 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of XPO by 0.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after buying an additional 10,318 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in shares of XPO in the 4th quarter worth about $163,938,000. 97.73% of the stock is owned by institutional investors and hedge funds.

XPO Stock Performance

Shares of XPO stock opened at $128.65 on Thursday. The firm’s fifty day simple moving average is $142.48 and its 200-day simple moving average is $127.25. The stock has a market capitalization of $14.98 billion, a price-to-earnings ratio of 41.64, a PEG ratio of 1.75 and a beta of 2.12. XPO has a 12 month low of $92.54 and a 12 month high of $161.00. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

XPO Company Profile

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.