New York: XPO Logistics (NYSE:XPO) Stock Has Just Had Its Overweight Rating Reiterated by Morgan Stanley. Shares now Have a $75 Target

July 17, 2017 - By Marie Mckinney

 New York: XPO Logistics (NYSE:XPO) Stock Has Just Had Its Overweight Rating Reiterated by Morgan Stanley. Shares now Have a $75 Target

Investors sentiment decreased to 1.34 in Q4 2016. Its down 0.25, from 1.59 in 2016Q3. It fall, as 12 investors sold XPO Logistics Inc shares while 77 reduced holdings. 46 funds opened positions while 73 raised stakes. 74.02 million shares or 1.25% less from 74.95 million shares in 2016Q3 were reported.

Moreover, Federated Inc Pa has 0.01% invested in XPO Logistics Inc (NYSE:XPO) for 110,210 shares. D E Shaw Company Incorporated has invested 0.06% of its portfolio in XPO Logistics Inc (NYSE:XPO). Sg Americas Ltd Liability Corp invested 0% in XPO Logistics Inc (NYSE:XPO). Aperio Grp Limited Liability, a California-based fund reported 7,135 shares. Ent Serv has invested 0% in XPO Logistics Inc (NYSE:XPO). First Fincl Bank Of Omaha has 21,740 shares. Mesirow Financial Investment Management accumulated 25,080 shares or 0.07% of the stock. Millrace Asset Grp Inc Inc reported 18,300 shares stake. Moreover, Envestnet Asset has 0% invested in XPO Logistics Inc (NYSE:XPO) for 432 shares. Balyasny Asset Ltd holds 0.06% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 270,126 shares. Plante Moran Advsr holds 0.43% in XPO Logistics Inc (NYSE:XPO) or 15,859 shares. Stevens Cap Mngmt L P invested in 0.02% or 13,224 shares. Sei reported 69,811 shares or 0.01% of all its holdings. Reliant Inv Mgmt Limited Liability Corporation holds 1.65% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 46,770 shares. Allianz Asset Mngmt Ag stated it has 0.01% in XPO Logistics Inc (NYSE:XPO).

XPO Logistics (NYSE:XPO) Rating Reaffirmed

Recently, In analysts note issued to investors and clients on Monday morning, XPO Logistics (NYSE:XPO) shares have had their Overweight Rating reiterated by research professionals at Morgan Stanley, who currently has a $75 target on company. This target by Morgan Stanley means the possibile upside of 23.68 % from the previous close.

Investors sentiment decreased to 1.34 in Q4 2016. Its down 0.25, from 1.59 in 2016Q3. It fall, as 12 investors sold XPO Logistics Inc shares while 77 reduced holdings. 46 funds opened positions while 73 raised stakes. 74.02 million shares or 1.25% less from 74.95 million shares in 2016Q3 were reported.

Moreover, Federated Inc Pa has 0.01% invested in XPO Logistics Inc (NYSE:XPO) for 110,210 shares. D E Shaw Company Incorporated has invested 0.06% of its portfolio in XPO Logistics Inc (NYSE:XPO). Sg Americas Ltd Liability Corp invested 0% in XPO Logistics Inc (NYSE:XPO). Aperio Grp Limited Liability, a California-based fund reported 7,135 shares. Ent Serv has invested 0% in XPO Logistics Inc (NYSE:XPO). First Fincl Bank Of Omaha has 21,740 shares. Mesirow Financial Investment Management accumulated 25,080 shares or 0.07% of the stock. Millrace Asset Grp Inc Inc reported 18,300 shares stake. Moreover, Envestnet Asset has 0% invested in XPO Logistics Inc (NYSE:XPO) for 432 shares. Balyasny Asset Ltd holds 0.06% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 270,126 shares. Plante Moran Advsr holds 0.43% in XPO Logistics Inc (NYSE:XPO) or 15,859 shares. Stevens Cap Mngmt L P invested in 0.02% or 13,224 shares. Sei reported 69,811 shares or 0.01% of all its holdings. Reliant Inv Mgmt Limited Liability Corporation holds 1.65% of its portfolio in XPO Logistics Inc (NYSE:XPO) for 46,770 shares. Allianz Asset Mngmt Ag stated it has 0.01% in XPO Logistics Inc (NYSE:XPO).

XPO Logistics Inc (NYSE:XPO) Ratings Coverage

Among 14 analysts covering XPO Logistics (NYSE:XPO), 14 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. XPO Logistics has $7800 highest and $33.0 lowest target. $60.38’s average target is -0.43% below currents $60.64 stock price. XPO Logistics had 33 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of XPO in report on Tuesday, August 11 with “Buy” rating. The stock has “Positive” rating by Susquehanna on Tuesday, December 20. Oppenheimer maintained XPO Logistics Inc (NYSE:XPO) on Wednesday, September 30 with “Outperform” rating. The firm has “Outperform” rating given on Monday, September 14 by Cowen & Co. FBR Capital maintained XPO Logistics Inc (NYSE:XPO) rating on Friday, September 11. FBR Capital has “Outperform” rating and $60 target. The firm earned “Buy” rating on Friday, August 5 by Stifel Nicolaus. The stock has “Overweight” rating by Morgan Stanley on Tuesday, February 23. Cowen & Co maintained the stock with “Outperform” rating in Friday, February 26 report. The firm earned “Outperform” rating on Friday, August 5 by Cowen & Co. Oppenheimer maintained XPO Logistics Inc (NYSE:XPO) on Wednesday, November 11 with “Outperform” rating.

About 4.00M shares traded or 86.92% up from the average. XPO Logistics Inc (NYSE:XPO) has risen 103.27% since July 17, 2016 and is uptrending. It has outperformed by 86.57% the S&P500.

Investors wait XPO Logistics Inc (NYSE:XPO) to report on August, 2. its quarterly earnings Wall Street analysts expect $0.54 EPS, up $0.12 or 28.57 % from last year’s $0.42 same quarter earnings. This translates into $61.17 million profit for XPO giving the stock a 28.08 P/E. This is assuming the current $0.54 EPS is accurate. XPO Logistics Inc’s Wall Street analysts see 80.00 % EPS growth, taking into account the $0.30 EPS reproted in the previous quarter,

XPO Logistics, Inc. is a global provider of supply chain solutions. The company has market cap of $6.87 billion. The Firm operates in two divisions: Transportation and Logistics. It has a 72.44 P/E ratio. The Transportation segment provides freight brokerage, last mile, less-than-truckload , full truckload and global forwarding services.

More notable recent XPO Logistics Inc (NYSE:XPO) news were published by: Thestreet.com which released: “How an Activist Is Complicating Bradley Jacobs’ XPO Acquisition Strategy” on July 05, 2017, also Ibj.com with their article: “Logistics company targets Lebanon for 1160 jobs” published on July 10, 2017, Nasdaq.com published: “XPO Logistics Schedules Second Quarter 2017 Conference Call for Thursday …” on July 06, 2017. More interesting news about XPO Logistics Inc (NYSE:XPO) were released by: Nasdaq.com and their article: “XPO Logistics Announces Public Offering of Common Stock” published on July 17, 2017 as well as Nasdaq.com‘s news article titled: “XPO Logistics Awarded Chilled Warehousing Contract for BrewDog Craft Beer” with publication date: July 10, 2017.

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