Jason Seidl analyst at Cowen & Co. reiterates coverage on GXO Logistics (GXO) in the Industrial Goods sector with a Buy rating. TipRanks.com has Seidl rated as a 5 star analyst with a 67% return on investment and a 23.9% success rate. Seidl has set a price target of $ 62.
TipRanks.com reports that GXO Logistics currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $65.64. The target pricing ranges from a high forecast of $78.00 down to a low forecast of $52.00. GXO Logistics (GXO)’s last closing price was $35.99 which would put the average price target at 82.38% upside.
In addition, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on GXO.
Other analysts covering GXO include:
- Ariel Rosa of Credit Suisse issued a Buy rating with the price target of $ 56 on 2 days ago
- Bascome Majors of Susquehanna issued a Buy rating with the price target of $ 55 on 5 days ago
- J. Bruce Chan of Stifel Nicolaus issued a Buy rating with the price target of $ 73 on 3 weeks ago
- Scott Schneeberger of Oppenheimer issued a Buy rating with the price target of $ 78 on 1 month ago
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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