A BofA analyst, Ken Hoexter, has downgraded the stock of Expeditors (EXPD, Financial) from Neutral to Underperform. Despite the downgrade, the analyst slightly increased the stock's price target from $117 to $118.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Expeditors International of Washington Inc (EXPD, Financial) is $109.15 with a high estimate of $124.00 and a low estimate of $86.00. The average target implies an downside of 8.47% from the current price of $119.25. More detailed estimate data can be found on the Expeditors International of Washington Inc (EXPD) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, Expeditors International of Washington Inc's (EXPD, Financial) average brokerage recommendation is currently 3.5, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Expeditors International of Washington Inc (EXPD, Financial) in one year is $110.46, suggesting a downside of 7.37% from the current price of $119.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Expeditors International of Washington Inc (EXPD) Summary page.
