Expeditors International (NASDAQ: EXPD) had its target price cut by Robert W. Baird from $42.00 to $40.00 in a report issued on Wednesday. They currently have a neutral rating on the stock.
EXPD has been the subject of a number of other recent research reports. Analysts at Edward Jones initiated coverage on shares of Expeditors International in a research note to investors on Friday, March 8th. They set a buy rating on the stock. Separately, analysts at RBC Capital reiterated a sector perform rating on shares of Expeditors International in a research note to investors on Thursday, March 7th. They now have a $39.00 price target on the stock. Finally, analysts at Macquarie initiated coverage on shares of Expeditors International in a research note to investors on Friday, March 1st. They set a neutral rating and a $38.25 price target on the stock.
Ten research analysts have rated the stock with a buy rating, one has assigned an overweight rating, eleven have issued a hold rating, and one has assigned a sell rating to the stock. The company currently has an average rating of overweight and an average target price of $42.41.
Shares of Expeditors International (NASDAQ: EXPD) traded up 0.10% during mid-day trading on Wednesday, hitting $38.41. Expeditors International has a 52 week low of $34.20 and a 52 week high of $47.48. The stock’s 50-day moving average is currently $41.11. The company has a market cap of $7.932 billion and a P/E ratio of 24.44.
Expeditors International of Washington, Inc. is engaged in the business of providing global logistics services.
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