How Many FedEx Corporation (NYSE:FDX)’s Analysts Are Bullish?

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Investors sentiment decreased to 0.95 in Q2 2019. Its down 0.20, from 1.15 in 2019Q1. It is negative, as 74 investors sold FedEx Corporation shares while 372 reduced holdings. 98 funds opened positions while 325 raised stakes. 179.71 million shares or 2.65% more from 175.06 million shares in 2019Q1 were reported.
Segall Bryant Hamill Ltd Liability Corporation has invested 0.09% in FedEx Corporation (NYSE:FDX). Bath Savings Tru Com holds 0.48% or 14,637 shares in its portfolio. Rocky Mountain Advisers Limited Com has invested 0.01% in FedEx Corporation (NYSE:FDX). Hsbc Public holds 338,332 shares or 0.11% of its portfolio. Meiji Yasuda Asset Management holds 0.08% of its portfolio in FedEx Corporation (NYSE:FDX) for 5,528 shares. Prudential Financial Inc stated it has 0.06% in FedEx Corporation (NYSE:FDX). Financial Bank Of Montreal Can reported 0.16% stake. Dynamic Advisor Solutions Ltd holds 0.06% or 2,438 shares in its portfolio. Moreover, Staley Cap Advisers has 0.53% invested in FedEx Corporation (NYSE:FDX) for 43,394 shares. Summit Fincl Wealth Advsrs Limited Liability owns 10,259 shares or 0.41% of their US portfolio. Lsv Asset Mngmt holds 0.58% or 1.99M shares in its portfolio. Yhb Inc owns 1,513 shares. Wesbanco National Bank & Trust invested in 0.85% or 105,913 shares. Bowen Hanes & Co invested in 16,310 shares or 0.12% of the stock. Fincl Services holds 631 shares.

Since July 12, 2019, it had 1 buy, and 0 selling transactions for $100,614 activity.

FedEx Corporation (NYSE:FDX) Ratings Coverage

Among 19 analysts covering FedEx (NYSE:FDX), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. FedEx has $262 highest and $14300 lowest target. $199’s average target is 14.30% above currents $174.1 stock price. FedEx had 35 analyst reports since March 14, 2019 according to SRatingsIntel. The stock of FedEx Corporation (NYSE:FDX) has “Overweight” rating given on Wednesday, March 20 by KeyBanc Capital Markets. Cowen & Co maintained it with “Buy” rating and $230 target in Wednesday, March 20 report. Cowen & Co maintained the stock with “Buy” rating in Thursday, March 14 report. As per Wednesday, March 20, the company rating was maintained by BMO Capital Markets. Credit Suisse maintained the shares of FDX in report on Wednesday, June 26 with “Outperform” rating. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, March 20. Stifel Nicolaus has “Buy” rating and $201 target. Citigroup maintained FedEx Corporation (NYSE:FDX) on Wednesday, June 26 with “Buy” rating. Raymond James maintained FedEx Corporation (NYSE:FDX) rating on Monday, March 18. Raymond James has “Outperform” rating and $230 target. The company was maintained on Wednesday, March 20 by Deutsche Bank. The stock of FedEx Corporation (NYSE:FDX) has “Sell” rating given on Friday, May 31 by UBS. Below is a list of FedEx Corporation (NYSE:FDX) latest ratings and price target changes.

10/07/2019 Broker: Goldman Sachs Rating: Buy Initiates Coverage On
26/06/2019 Broker: Credit Suisse Rating: Outperform Old Target: $184.0000 New Target: $175.0000 Maintain
26/06/2019 Broker: Citigroup Rating: Buy Old Target: $192.0000 New Target: $180.0000 Maintain
26/06/2019 Broker: JP Morgan Rating: Neutral Old Target: $184.0000 New Target: $172.0000 Maintain
26/06/2019 Broker: Raymond James Rating: Outperform Old Target: $200.0000 New Target: $190.0000 Maintain
20/06/2019 Broker: Cowen & Co Rating: Buy New Target: $228 Maintain
20/06/2019 Broker: Bernstein Rating: Buy New Target: $205 Maintain
20/06/2019 Broker: Raymond James Rating: Outperform Old Target: $215.0000 New Target: $200.0000 Maintain
12/06/2019 Broker: KeyBanc Capital Markets Rating: Overweight Old Target: $215.0000 New Target: $190.0000 Maintain
31/05/2019 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $148.0000 New Target: $143.0000 Maintain

The stock increased 0.34% or $0.59 during the last trading session, reaching $174.1. About 1.18 million shares traded. FedEx Corporation (NYSE:FDX) has declined 29.08% since September 13, 2018 and is downtrending. It has underperformed by 29.08% the S&P500.

FedEx Corporation provides transportation, e-commerce, and business services worldwide. The company has market cap of $45.42 billion. The companyÂ’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows clients to track and manage imports. It has a 85.76 P/E ratio. This segment also publishes customs duty and tax information; and offers transportation management and temperature-controlled transportation services.

More notable recent FedEx Corporation (NYSE:FDX) news were published by: Finance.Yahoo.com which released: “FedEx (NYSE:FDX) Has A Somewhat Strained Balance Sheet – Yahoo Finance” on September 03, 2019, also Investorplace.com with their article: “FedEx to Report Q1 Earnings: What’s the Outlook for FDX Stock? – Investorplace.com” published on September 11, 2019, Finance.Yahoo.com published: “UPS Is Waiving Delivery Surcharges for the Holidays – Yahoo Finance” on August 26, 2019. More interesting news about FedEx Corporation (NYSE:FDX) were released by: Seekingalpha.com and their article: “FedEx: Attractive Valuation Despite Execution Issues And Risks – Seeking Alpha” published on September 11, 2019 as well as Finance.Yahoo.com‘s news article titled: “Michael Burry Buys 4 Stocks in Addition to GameStop – Yahoo Finance” with publication date: August 23, 2019.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart

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