J Bruce Chan, analyst at Stifel Nicolaus, reiterates coverage on FedEx (FDX) in the Industrial Goods sector with a Buy rating. TipRanks.com has Chan rated as a 3 star analyst with a 8% return on investment and a 64% success rate. Chan has set a price target of $324.00 .
TipRanks.com reports that FDX currently has 24 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $311.62 . The target pricing ranges from a high forecast of $369.00 down to a low forecast of $250.00 .
FDX’s last closing price was $228.92 which would put the average price target at 36.13% upside.
In addition, TradingView issued a Buy rating for FDX over the next month.
Remember, securities are volatile, so please do your own research on FDX.
Other analysts covering FDX include:
- Rick Paterson of Loop Capital Markets issued a buy rate with the price target of $324 on September 22nd
- Chris Terry of Deutsche Bank issued a buy rate with the price target of $280 on September 22nd
- John Eade of Argus Research issued a buy rate with the price target of $270 on September 22nd
If you are interest in stocks like FDX or stocks in the Industrial Goods sector, please click here.
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