Baird Maintains Neutral on Expeditors Intl, Raises Price Target to $126
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 03 2024
0mins
Source: Benzinga
Analyst Views on EXPD
Wall Street analysts forecast EXPD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EXPD is 128.89 USD with a low forecast of 90.00 USD and a high forecast of 166.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
1 Buy
5 Hold
4 Sell
Moderate Sell
Current: 162.220
Low
90.00
Averages
128.89
High
166.00
Current: 162.220
Low
90.00
Averages
128.89
High
166.00
About EXPD
Expeditors International of Washington, Inc. is a global logistics company. The Company’s services include consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions. The Company’s primary services include airfreight services, ocean freight and ocean services, and customs brokerage and other services. It provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, it purchases cargo space from carriers on a volume basis and resells that space to its customers. In addition, its Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
