Investors in Expeditors International will have done well to ignore broker advice over the past few years.
The US West Coast forwarder – currently trading close to an all-time high of $94 – has been a “SELL” for most analysts for the past three years, yet its stock rarely dips below the consensus target price ($91.3). Meanwhile, stamping on it a fair value above $70, according to Premium calculations, still requires some creative thinking.
The stock …
The post Against the odds: Takeover target...
https://theloadstar.com/against-the-odds-takeover-target-expeditors-defies-the-doom-mongers-again/