Benchmark Co. analyst Christopher Kuhn maintained a Hold rating on RXO, Inc. (RXO – Research Report) today. The company’s shares closed yesterday at $20.12.
Kuhn covers the Industrials sector, focusing on stocks such as Forward Air, Saia, and RXO, Inc.. According to TipRanks, Kuhn has an average return of 14.0% and a 43.14% success rate on recommended stocks.
In addition to Benchmark Co., RXO, Inc. also received a Hold from Morgan Stanley’s Ravi Shanker in a report issued today. However, on the same day, Barclays maintained a Buy rating on RXO, Inc. (NYSE: RXO).
RXO market cap is currently $2.23B and has a P/E ratio of 570.57.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RXO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
RXO, Inc. (RXO) Company Description:
RXO Inc is a leading provider of asset-light transportation in North America.
Read More on RXO:
