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Fedex Corp(FDX-N)
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KeyBanc Remains a Buy on FedEx (FDX)

TipRanks - Thu Jun 30, 2022
KeyBanc analyst Todd Fowler maintained a Buy rating on FedEx (FDXResearch Report) today and set a price target of $325.00. The companys shares closed last Wednesday at $233.81.

According to TipRanks.com, Fowler is a 5-star analyst with an average return of 10.0% and a 57.1% success rate. Fowler covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Schneider National, and United Parcel.

FedEx has an analyst consensus of Strong Buy, with a price target consensus of $298.79, implying a 24.0% upside from current levels. In a report issued on June 27, Deutsche Bank also maintained a Buy rating on the stock with a $320.00 price target.

See the top stocks recommended by analysts >> FedExs market cap is currently $60.6B and has a P/E ratio of 12.27. Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FDX in relation to earlier this year. Last month, Frederick W. Smith, the Chairman of FDX bought 198,675 shares for a total of $16,937,044. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Founded in 1971, FedEx Corp. is a multinational delivery services company based in Tennessee. It provides transportation, e-commerce, and business services worldwide. The company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the FedEx brand. Read More on FDX:

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