XPO (NYSE:XPO) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of XPO (NYSE:XPO) in a research note released on Friday, MarketBeat Ratings reports. The firm issued a buy rating and a $156.00 target price on the transportation company’s stock.

XPO has been the subject of several other reports. Jefferies Financial Group boosted their price objective on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Barclays cut their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Wells Fargo & Company cut their price objective on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Raymond James dropped their price target on XPO from $170.00 to $165.00 and set an “outperform” rating for the company in a research report on Friday, February 7th. Finally, Vertical Research upgraded XPO from a “hold” rating to a “buy” rating and set a $140.00 price target for the company in a research report on Thursday. Eighteen research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $160.89.

XPO Price Performance

Shares of XPO stock opened at $108.07 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. XPO has a twelve month low of $97.03 and a twelve month high of $161.00. The business has a 50-day moving average price of $133.88 and a 200 day moving average price of $130.30. The firm has a market cap of $12.67 billion, a PE ratio of 33.46, a P/E/G ratio of 1.79 and a beta of 2.13.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Sell-side analysts predict that XPO will post 4.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Argent Trust Co increased its holdings in XPO by 1.9% in the fourth quarter. Argent Trust Co now owns 3,940 shares of the transportation company’s stock valued at $517,000 after buying an additional 75 shares during the last quarter. Larson Financial Group LLC increased its holdings in XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock valued at $49,000 after buying an additional 76 shares during the last quarter. Scientech Research LLC increased its holdings in XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company’s stock valued at $1,291,000 after buying an additional 84 shares during the last quarter. UMB Bank n.a. increased its holdings in XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock valued at $71,000 after buying an additional 86 shares during the last quarter. Finally, SageView Advisory Group LLC increased its holdings in XPO by 2.1% in the fourth quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company’s stock valued at $607,000 after buying an additional 96 shares during the last quarter. 97.73% of the stock is currently owned by institutional investors and hedge funds.

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.