XPO (NYSE:XPO) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of XPO (NYSE:XPO - Free Report) in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm issued a buy rating and a $156.00 price objective on the transportation company's stock.

Several other equities analysts also recently issued reports on XPO. Wells Fargo & Company cut their price objective on shares of XPO from $175.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Benchmark upped their price objective on shares of XPO from $155.00 to $160.00 and gave the company a "buy" rating in a report on Friday, February 7th. Susquehanna upgraded shares of XPO from a "neutral" rating to a "positive" rating and upped their price objective for the company from $155.00 to $180.00 in a report on Friday, February 7th. Jefferies Financial Group upped their price objective on shares of XPO from $150.00 to $165.00 and gave the company a "buy" rating in a report on Friday, January 10th. Finally, Bank of America dropped their target price on XPO from $170.00 to $150.00 and set a "buy" rating on the stock in a research report on Wednesday. Eighteen analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, XPO has an average rating of "Buy" and an average target price of $160.89.

XPO Stock Down 2.7 %

XPO stock traded down $2.99 during trading hours on Friday, reaching $108.07. The stock had a trading volume of 2,345,562 shares, compared to its average volume of 1,478,068. The company has a market cap of $12.67 billion, a price-to-earnings ratio of 33.46, a PEG ratio of 1.79 and a beta of 2.13. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06. The business's 50 day moving average price is $133.88 and its 200-day moving average price is $130.24. XPO has a 52 week low of $97.03 and a 52 week high of $161.00.

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XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts anticipate that XPO will post 4.15 EPS for the current year.

Institutional Investors Weigh In On XPO

Several hedge funds have recently bought and sold shares of the stock. Empirical Capital Management LLC boosted its position in XPO by 12.0% in the 4th quarter. Empirical Capital Management LLC now owns 56,000 shares of the transportation company's stock worth $7,344,000 after purchasing an additional 6,000 shares in the last quarter. Amiral Gestion acquired a new position in shares of XPO during the 4th quarter worth approximately $708,000. Vise Technologies Inc. acquired a new position in shares of XPO during the 4th quarter worth approximately $241,000. White Knight Strategic Wealth Advisors LLC acquired a new position in shares of XPO during the 4th quarter worth approximately $381,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of XPO by 11.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 292,304 shares of the transportation company's stock worth $38,336,000 after buying an additional 29,359 shares during the period. 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.