Analyst Expectations for GXO Logistics's Future
Portfolio Pulse from Benzinga Insights
GXO Logistics (NYSE:GXO) has received 8 analyst ratings in the last quarter, all of which are bullish or somewhat bullish. The average price target is $72.12, representing an upside from the current price of $54.19. However, this average price target is a 2.36% decrease from the previous average price target of $73.86.
November 09, 2023 | 8:00 pm
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POSITIVE IMPACT
Analysts are bullish on GXO Logistics, with an average price target of $72.12, indicating potential upside from the current price. However, the average price target has decreased by 2.36% from the previous quarter.
The bullish ratings from analysts indicate a positive outlook for GXO Logistics. The average price target suggests potential upside, which could drive the stock price up. However, the decrease in the average price target could indicate a slightly less optimistic view compared to the previous quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100