Blurbs

GXO Logistics (GXO) Gets a Hold Rating from Morgan Stanley

Morgan Stanley analyst Ravi Shanker maintained a Hold rating on GXO Logistics (GXOResearch Report) today and set a price target of $67.00. The company’s shares closed last Thursday at $51.10.

According to TipRanks.com, Shanker is a 1-star analyst with an average return of -0.8% and a 49.4% success rate. Shanker covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian National Railway, and Allegiant Travel Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for GXO Logistics with a $73.08 average price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $105.92 and a one-year low of $38.08. Currently, GXO Logistics has an average volume of 1.16M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale.

Read More on GXO:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos