FedEx Freight Hldg Co (NYSE:FDXF) Given Average Rating of “Moderate Buy” by Brokerages

Shares of FedEx Freight Hldg Co (NYSE:FDXFGet Free Report) have received an average recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $174.7143.

FDXF has been the topic of a number of research analyst reports. Truist Financial initiated coverage on FedEx Freight in a report on Tuesday, June 2nd. They set a “hold” rating on the stock. Stifel Nicolaus initiated coverage on FedEx Freight in a report on Thursday, June 4th. They set a “hold” rating and a $160.00 price target on the stock. Jefferies Financial Group initiated coverage on FedEx Freight in a report on Tuesday, June 23rd. They set a “buy” rating and a $200.00 price target on the stock. Raymond James Financial initiated coverage on FedEx Freight in a report on Wednesday, June 3rd. They set an “outperform” rating and a $180.00 price target on the stock. Finally, Wall Street Zen upgraded FedEx Freight to a “hold” rating in a report on Saturday, June 6th.

Check Out Our Latest Stock Report on FDXF

FedEx Freight News Roundup

Here are the key news stories impacting FedEx Freight this week:

FedEx Freight Trading Down 0.6%

Shares of FDXF stock opened at $153.00 on Monday. FedEx Freight has a one year low of $141.33 and a one year high of $194.27.

FedEx Freight (NYSE:FDXFGet Free Report) last posted its quarterly earnings results on Thursday, June 25th. The company reported $999.00 earnings per share (EPS) for the quarter.

FedEx Freight Company Profile

(Get Free Report)

FedEx Freight is the less-than-truckload (LTL) freight transportation arm of FedEx, providing time-definite, regional, and interregional shipping services for commercial customers in North America. The company specializes in moving palletized freight that is too large for parcel shipment but does not require a full truckload, and it offers services designed to help businesses manage supply chain and distribution needs.

As part of the FedEx family of companies, FedEx Freight operates an extensive network of service centers and transportation routes across the United States, Canada, and Mexico.

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Analyst Recommendations for FedEx Freight (NYSE:FDXF)

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