Fadi Chamoun analyst at BMO Capital reiterates coverage on FedEx (FDX) in the Industrial Goods sector with a Hold rating. TipRanks.com has Chamoun rated as a 4.9 star analyst with a 69% return on investment and a 14.2% success rate. Chamoun has set a price target of $ 270.
TipRanks.com reports that FedEx currently has 19 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $296.61. The target pricing ranges from a high forecast of $339.00 down to a low forecast of $245.00. FedEx (FDX)’s last closing price was $233.81 which would put the average price target at 26.86% upside.
In addition, TradingView issued a Buy rating for FDX over the next month, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on FDX.
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This article was pulled from the authority in health stocks, industrialstockmovers.com. While we integrate our news with IndustrialStockMovers.com, if you are interested in the healthtech sector, please visit IndustrialStockMovers.com.
One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
MiningAndMetalMovers.com is also looking into these tickers AVY, CMC, MERC, LIN and more.
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