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Expeditors International (EXPD) Receives a Hold from Wells Fargo

In a report released today, Allison Poliniak from Wells Fargo maintained a Hold rating on Expeditors International (EXPDResearch Report), with a price target of $97.00. The company’s shares closed last Thursday at $94.92, close to its 52-week low of $92.58.

According to TipRanks.com, Poliniak is a 5-star analyst with an average return of 8.7% and a 52.0% success rate. Poliniak covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, Old Dominion Freight, and Norfolk Southern.

Expeditors International has an analyst consensus of Moderate Sell, with a price target consensus of $106.33.

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Expeditors International’s market cap is currently $15.92B and has a P/E ratio of 10.95.

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Expeditors International of Washington, Inc. engages in the provision of global logistics services. The firm offers airfreight, ocean freight and ocean and customs brokerage and other services. It also provides customer solutions such as order management, time-definite transportation, warehousing and distribution, temperature-controlled transit, cargo insurance and customized logistics solutions. The company was founded by John M. Kaiser, Peter Rose, Wang Li Kou, Kevin Walsh, Hank Wong, George Ho, Robert Chiarito, and Glenn Alger in May 1979 and is headquartered in Seattle, WA.

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