Credit Suisse (SIX:CSGN) analyst Allison Landry maintained a Buy rating on FedEx on Wednesday, setting a price target of $330, which is approximately 44.05% above the present share price of $229.08.
Landry expects FedEx to post earnings per share (EPS) of $6.89 for the third quarter of 2021.
The current consensus among 24 TipRanks analysts is for a Moderate Buy rating of shares in FedEx, with an average price target of $311.62.
The analysts price targets range from a high of $369 to a low of $250.
In its latest earnings report, released on 05/31/2021, the company reported a quarterly revenue of $22.57 billion and a net profit of $1.9 billion. The company's market cap is $60.98 billion.
According to TipRanks.com, Credit Suisse analyst Allison Landry is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.4% and a 65.93% success rate.
Founded in 1971, FedEx Corp (NYSE:FDX). 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.