Bascome Majors analyst at Susquehanna reiterates coverage on GXO Logistics (GXO) in the Industrial Goods sector with a Buy rating. TipRanks.com has Majors rated as a 4.7 star analyst with a 63% return on investment and a 14.3% success rate. Majors has set a price target of $ 65.
TipRanks.com reports that GXO Logistics currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $72.50. The target pricing ranges from a high forecast of $95.00 down to a low forecast of $52.00. GXO Logistics (GXO)’s last closing price was $51.66 which would put the average price target at 41.46% upside.
In addition, TradingView issued a Neutral rating for GXO over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on GXO.
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This article was pulled from the authority in health stocks, industrialstockmovers.com. While we integrate our news with IndustrialStockMovers.com, if you are interested in the healthtech sector, please visit IndustrialStockMovers.com.
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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