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Where Does Wall Street Think XPO Logistics Inc (XPO) Stock Will Go?

Thursday, January 13, 2022 02:07 PM | InvestorsObserver Analysts

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Where Does Wall Street Think XPO Logistics Inc (XPO) Stock Will Go?

Analysts who follow XPO Logistics Inc (XPO) on average expect it to climb 55.75% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns XPO an Analyst Ranking of 58, which means it ranks higher than 58 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.6
Wall Street analysts are rating XPO a Strong Buy today. Find out what this means to you and get the rest of the rankings on XPO!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With XPO Logistics Inc Stock Today?

XPO Logistics Inc (XPO) stock has risen 1.23% while the S&P 500 is lower by -0.46% as of 2:04 PM on Thursday, Jan 13. XPO has risen $0.87 from the previous closing price of $70.59 on volume of 283,990 shares. Over the past year the S&P 500 has gained 23.49% while XPO has risen 2.88%. XPO earned $2.59 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 27.61. Click Here to get the full Stock Report for XPO Logistics Inc stock.

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