XPO (NYSE:XPO) Price Target Raised to $170.00

XPO (NYSE:XPO) had its target price lifted by UBS Group from $159.00 to $170.00 in a research report released on Friday morning,Benzinga reports. The firm currently has a buy rating on the transportation company’s stock.

Other equities analysts have also issued reports about the company. Benchmark raised their price target on XPO from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Stifel Nicolaus raised their price target on shares of XPO from $124.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. The Goldman Sachs Group boosted their target price on XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group upped their price objective on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and lifted their target price for the company from $155.00 to $180.00 in a research note on Friday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and fifteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $156.35.

XPO Stock Up 1.0 %

Shares of NYSE XPO opened at $148.32 on Friday. The stock has a market capitalization of $17.26 billion, a P/E ratio of 45.92, a PEG ratio of 1.93 and a beta of 2.12. XPO has a one year low of $97.03 and a one year high of $161.00. The firm’s 50 day simple moving average is $141.20 and its two-hundred day simple moving average is $128.06. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, analysts expect that XPO will post 4.16 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

A number of large investors have recently added to or reduced their stakes in XPO. HighTower Advisors LLC grew its holdings in shares of XPO by 5.1% in the fourth quarter. HighTower Advisors LLC now owns 7,224 shares of the transportation company’s stock worth $947,000 after acquiring an additional 350 shares during the period. Wealthfront Advisers LLC purchased a new position in XPO in the fourth quarter worth about $1,576,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of XPO by 14.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 29,329 shares of the transportation company’s stock valued at $3,846,000 after purchasing an additional 3,795 shares during the period. OFI Invest Asset Management bought a new position in shares of XPO in the 4th quarter worth approximately $732,000. Finally, Larson Financial Group LLC boosted its holdings in shares of XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock worth $49,000 after buying an additional 76 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

About XPO

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.