Something pertinent may have happened at Deutsche Bank meeting yesterday when stock took off. The day before the meeting Deutsche Bank said they thought XPO Logistics’ Stock is Going to Recover.
Why XPO Logistics Inc (XPO) Is In the News Today?
WHY XPO LOGISTICS INC (XPO) IS IN THE NEWS TODAY?
Kenneth EbyKenneth EbyOct 01, 2015Stock NewsLIKE
XPO Logistics management to meet with Deutsche Bank
Meeting to be held in San Francisco on October 1 hosted by Deutsche Bank.. This news was first reported by TheFlyonTheWall.com, one of the best unbiased market intelligence and live stock news services.
https://www.financialbio.com/stock-news-f/why-xpo-logistics-inc-xpo-is-in-the-news-today-10648.html
Deutsche Bank Thinks XPO Logistics’ Stock is Going to Recover
SEP 30, 2015 George McDonald
Deutsche Bank analyst Robert Salmon reiterated a Buy rating on XPO Logistics (NYSE: XPO) yesterday and set a price target of $42. The company’s shares closed yesterday at $22.74, close to its 52-week low of $21.33.
Currently, the analyst consensus on XPO Logistics is Strong Buy and the average price target is $56, representing a 146.3% upside. In a report issued on September 18, Macquarie also maintained a Buy rating on the stock with a $48 price target.
The company has a one year high of $50.96 and a one year low of $21.33. Currently, XPO Logistics has an average volume of 2.13M.
Unlike Deutsche Bank`s latest rating, based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Government Of Singapore Investment Corp Pte Ltd Et, a a Major Shareholder at XPO bought 1,488,155 shares for a total of $66,966,975.
According to TipRanks.com, Salmon is ranked 0 out of 5 stars with an average return of -10.6% and a 23.4% success rate. Salmon covers the Services sector, focusing on stocks such as Fortress Transportation, Knight Transportation, and Old Dominion Freight.
XPO Logistics Inc is an asset-light provider of third-party logistics services. It facilitates supply chain solutions to the shippers and carriers those who outsource their transportation logistics.
https://www.markets.co/deutsche-bank-thinks-xpo-logistics-stock-is-going-to-recover/
WHY XPO LOGISTICS INC (XPO) IS IN THE NEWS TODAY?
Kenneth EbyKenneth EbyOct 01, 2015Stock NewsLIKE
XPO Logistics management to meet with Deutsche Bank
Meeting to be held in San Francisco on October 1 hosted by Deutsche Bank.. This news was first reported by TheFlyonTheWall.com, one of the best unbiased market intelligence and live stock news services.
https://www.financialbio.com/stock-news-f/why-xpo-logistics-inc-xpo-is-in-the-news-today-10648.html
Deutsche Bank Thinks XPO Logistics’ Stock is Going to Recover
SEP 30, 2015 George McDonald
Deutsche Bank analyst Robert Salmon reiterated a Buy rating on XPO Logistics (NYSE: XPO) yesterday and set a price target of $42. The company’s shares closed yesterday at $22.74, close to its 52-week low of $21.33.
Currently, the analyst consensus on XPO Logistics is Strong Buy and the average price target is $56, representing a 146.3% upside. In a report issued on September 18, Macquarie also maintained a Buy rating on the stock with a $48 price target.
The company has a one year high of $50.96 and a one year low of $21.33. Currently, XPO Logistics has an average volume of 2.13M.
Unlike Deutsche Bank`s latest rating, based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Government Of Singapore Investment Corp Pte Ltd Et, a a Major Shareholder at XPO bought 1,488,155 shares for a total of $66,966,975.
According to TipRanks.com, Salmon is ranked 0 out of 5 stars with an average return of -10.6% and a 23.4% success rate. Salmon covers the Services sector, focusing on stocks such as Fortress Transportation, Knight Transportation, and Old Dominion Freight.
XPO Logistics Inc is an asset-light provider of third-party logistics services. It facilitates supply chain solutions to the shippers and carriers those who outsource their transportation logistics.
https://www.markets.co/deutsche-bank-thinks-xpo-logistics-stock-is-going-to-recover/