XPO (NYSE:XPO) Rating Increased to Buy at Stifel Nicolaus

Stifel Nicolaus upgraded shares of XPO (NYSE:XPO) from a hold rating to a buy rating in a research report report published on Monday morning, Marketbeat Ratings reports. The brokerage currently has $147.00 target price on the transportation company’s stock.

Several other equities analysts have also recently weighed in on the stock. Jefferies Financial Group raised their price target on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Wells Fargo & Company decreased their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. UBS Group boosted their price target on shares of XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. The Goldman Sachs Group increased their price objective on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Oppenheimer lifted their target price on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Sixteen investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $161.13.

XPO Trading Down 0.6 %

Shares of NYSE XPO opened at $123.80 on Monday. XPO has a twelve month low of $97.03 and a twelve month high of $161.00. The stock has a market cap of $14.51 billion, a price-to-earnings ratio of 38.33, a P/E/G ratio of 1.79 and a beta of 2.12. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08. The company’s fifty day moving average is $138.54 and its 200-day moving average is $130.27.

XPO (NYSE:XPO) last posted 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 return on equity of 30.36% and a net margin of 4.81%. Equities research analysts predict that XPO will post 4.15 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. D1 Capital Partners L.P. increased its stake in shares of XPO by 84.2% in the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after buying an additional 2,153,042 shares during the period. Capital Research Global Investors boosted its holdings in XPO by 18.5% in the fourth quarter. Capital Research Global Investors now owns 13,641,962 shares of the transportation company’s stock valued at $1,789,171,000 after acquiring an additional 2,125,686 shares during the last quarter. T. Rowe Price Investment Management Inc. acquired a new stake in XPO during the 4th quarter valued at approximately $231,667,000. Capital World Investors raised its holdings in XPO by 26.1% during the 4th quarter. Capital World Investors now owns 7,753,883 shares of the transportation company’s stock worth $1,016,923,000 after purchasing an additional 1,605,001 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of XPO in the 4th quarter worth approximately $188,808,000. 97.73% of the stock is owned by institutional investors.

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.