FedEx Freight Hldg Co (NYSE:FDXF) Receives Consensus Rating of “Moderate Buy” from Analysts

FedEx Freight Hldg Co (NYSE:FDXFGet Free Report) has been given a consensus rating of “Moderate Buy” by the nine analysts that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $174.7143.

Several analysts have recently weighed in on FDXF shares. Truist Financial started coverage on FedEx Freight in a report on Tuesday, June 2nd. They set a “hold” rating on the stock. Wall Street Zen upgraded FedEx Freight to a “hold” rating in a report on Saturday, June 6th. Zacks Research upgraded FedEx Freight to a “hold” rating in a report on Tuesday, June 2nd. Bank of America started coverage on FedEx Freight in a report on Monday, June 1st. They issued a “buy” rating and a $185.00 target price on the stock. Finally, Jefferies Financial Group started coverage on FedEx Freight in a report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 target price on the stock.

Read Our Latest Stock Report on FedEx Freight

FedEx Freight Trading Down 0.6%

NYSE:FDXF opened at $153.00 on Monday. FedEx Freight has a 1-year low of $141.33 and a 1-year high of $194.27.

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

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About FedEx Freight

(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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