FDX

FedEx: stock plunge and analyst recommendations for significant upside

After a weak report that caused a 9% stock plunge, analysts see 43% upside potential in the shipping company.

By the SpyStocks desk · 4y ago · 2 min read

$FDX

FedEx corporation provides transportation, e-commerce, and business services in the United States and globally.

The company's Express segment offers express shipping, ground delivery, and freight transportation services.

Cross-border e-commerce technology - beyond being a shipping company, FedEx provides technology and solutions for cross-border e-commerce in over 200 countries! As well as for online retailers in EU countries, the UK, and the United States!

FedEx's Freight segment offers freight transportation services such as vehicles, and as of late May 2021, this segment had approximately 29,000 vehicles and 400 service centers!

The FedEx Services segment provides sales, marketing, information technology, communications, technical support, and other services!

Analyst coverage: yesterday (22.9), a particularly large number of analyst recommendations were released, with all of them indicating that the stock price is significantly undervalued according to their assessment right now! (Pictured)

The average upside for FedEx stock is 43 percent!

The stock fell 9% yesterday following a report that was lower than expected due to a labor shortage.

Current price: $229.08. Market cap: $61 billion. Debt to equity ratio: 0.66. Risk level: medium/low.

Nothing herein constitutes a recommendation; anyone using the information does so at their own personal risk only.

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