Vertical Research started coverage on shares of RXO (NYSE:RXO – Get Rating) in a research report released on Monday, MarketBeat Ratings reports. The brokerage issued a buy rating and a $27.00 price objective on the stock.
A number of other brokerages also recently issued reports on RXO. Stephens assumed coverage on shares of RXO in a research report on Wednesday, November 2nd. They issued an equal weight rating for the company. Stifel Nicolaus assumed coverage on shares of RXO in a research report on Friday, November 4th. They set a buy rating and a $20.00 target price for the company. Finally, Wolfe Research assumed coverage on shares of RXO in a research report on Thursday, November 10th. They set a peer perform rating for the company. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $22.00.
RXO Stock Up 3.8 %
Shares of RXO stock opened at $19.02 on Monday. RXO has a 52-week low of $14.75 and a 52-week high of $25.50.
RXO Company Profile
RXO provides truckload freight transportation brokerage in the United States. The company, through a proprietary digital freight marketplace, offers access to truckload capacity and complementary brokered services of managed transportation, last mile, and freight forwarding. The company is based in Charlotte, North Carolina.
- Get a free copy of the StockNews.com research report on RXO (RXO)
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