5 Analysts Assess GXO Logistics: What You Need To Know
Portfolio Pulse from Benzinga Insights
Recent analysis of GXO Logistics (NYSE:GXO) by 5 analysts shows a mix of bullish to bearish sentiments, with a shift in ratings and price targets over the last three months. The average 12-month price target is now $65.6, down from $70.50, reflecting a 6.95% decline. Analyst actions include adjustments to ratings and price targets, with notable firms like Loop Capital, JP Morgan, Exane BNP Paribas, Susquehanna, and Citigroup participating. GXO Logistics, a contract logistics company, has shown positive financial performance, including a revenue growth rate of 4.99% as of December 31, 2023, and strong profitability indicators such as a net margin of 2.82%, ROE of 2.56%, and ROA of 0.78%.
April 18, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
GXO Logistics has received mixed analyst ratings, with a recent average price target adjustment to $65.6, reflecting a downward revision from $70.50. The company's financial performance is strong, showing significant revenue growth and profitability metrics.
The mixed analyst ratings and the adjustment of the price target suggest a cautious outlook from analysts, despite GXO's strong financial performance. The downward revision in the price target could lead to short-term price volatility. However, the company's solid revenue growth and profitability metrics may provide a buffer against negative sentiment, leading to a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100