Benzinga | Sep 23, 2021 12:39PM EDT

Where FedEx Stands With Analysts

Within the last quarter, FedEx (NYSE:FDX) has observed the following analyst ratings:

Bullish Somewhat Bullish Indifferent Somewhat Bearish BearishTotal Ratings 5 5 1 0 0Last 30D 2 0 0 0 01M Ago 1 5 1 0 02M Ago 0 0 0 0 03M Ago 2 0 0 0 0

According to 11 analyst offering 12-month price targets in the last 3 months, FedEx has an average price target of $325.27 with a high of $380.00 and a low of $250.00.

Below is a summary of how these 11 analysts rated FedEx over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the move negative analysts are on the stock

This current average represents a 6.36% increase from the previous average price target of $347.36.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.