Barclays analyst Brandon Oglenski raised XPO's price target from $135 to $145, a 7.41% increase, while maintaining an "Overweight" rating. This suggests continued confidence in XPO's market performance and potential upward movement in its stock value. Analysts forecast an average target price of $133.29 with a high estimate of $155 and a low estimate of $85.
Barclays analyst Brandon Oglenski has raised the price target for XPO, Inc. (XPO) from $135 to $145, an increase of 7.41%. The analyst maintains an "Overweight" rating on the stock, indicating confidence in XPO's market performance and potential upward movement in its stock value [1].
The new price target suggests that Barclays expects XPO's stock to perform well in the coming months. The average target price among analysts is $133.29, with a high estimate of $155 and a low estimate of $85 [2]. These figures reflect the varying opinions of analysts on XPO's future prospects.
XPO provides freight transportation services in the United States, rest of North America, France, the United Kingdom, and other international locations. The company operates in two segments: North American LTL and European Transportation. The North American LTL segment offers less-than-truckload (LTL) services, including geographic density and day-definite domestic services [3].
The company's recent earnings report showed a strong performance, with earnings per share of $0.73, beating the consensus estimate of $0.65. Revenue for the quarter was $1.95 billion, down 3.2% compared to the same quarter last year. The company's return on equity was 28.27%, and its net margin was 4.87% [3].
XPO's stock has been the subject of interest from various analysts and institutional investors. Several hedge funds and other institutional investors have recently increased their holdings in XPO, reflecting confidence in the company's prospects [3].
In conclusion, the raise in XPO's price target by Barclays suggests a positive outlook for the company's stock. Analysts' varying estimates highlight the potential for significant price appreciation in the coming months. Investors should carefully consider these factors when making investment decisions.
References:
[1] https://www.tipranks.com/news/the-fly/xpo-inc-price-target-raised-to-145-from-135-at-barclays-thefly
[2] https://www.marketbeat.com/instant-alerts/xpo-nysexpo-stock-price-expected-to-rise-barclays-analyst-says-2025-07-10/
[3] https://www.marketbeat.com/ratings/by-issuer/barclays-stock-recommendations/
Comments
No comments yet