XPO (NYSE:XPO) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Investment analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of XPO (NYSE:XPO) in a report released on Friday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $156.00 price target on the transportation company’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 40.68% from the company’s previous close.

A number of other research analysts have also commented on XPO. Bank of America dropped their price objective on shares of XPO from $170.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday. Barclays lowered their price target on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Friday, January 17th. Oppenheimer increased their price objective on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. JPMorgan Chase & Co. lifted their price objective on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Finally, Vertical Research upgraded shares of XPO from a “hold” rating to a “buy” rating and set a $140.00 price objective for the company in a research report on Thursday. Eighteen investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $160.89.

XPO Trading Down 1.6 %

NYSE:XPO opened at $110.89 on Friday. The company has a market capitalization of $13.00 billion, a PE ratio of 34.33, a P/E/G ratio of 1.79 and a beta of 2.13. XPO has a 52-week low of $97.03 and a 52-week high of $161.00. The stock’s 50 day moving average price is $134.36 and its 200 day moving average price is $130.24. 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 (NYSE:XPO) last announced its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. On average, research analysts anticipate that XPO will post 4.15 EPS for the current year.

Hedge Funds Weigh In On XPO

Hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc acquired a new position in XPO in the 4th quarter valued at about $29,000. Halbert Hargrove Global Advisors LLC acquired a new position in shares of XPO in the fourth quarter valued at approximately $42,000. Cullen Frost Bankers Inc. lifted its stake in shares of XPO by 69.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock valued at $42,000 after buying an additional 130 shares during the period. Larson Financial Group LLC lifted its stake in shares of XPO by 25.6% during 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 period. Finally, Brooklyn Investment Group acquired a new stake in XPO during the third quarter worth approximately $57,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

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.