FedEx Corporation : A correction would be a logical outcome
| Entry price | Target | Stop-loss | Potential |
|---|
|
US$298.54 |
US$259.06 |
US$315.35 |
+13.22% |
|---|
Pursuant to the strong advance that shares in FedEx Corporation have seen recently, profit-taking could prompt a correction move.
Summary● The company presents an interesting fundamental situation from a short-term investment perspective.
● The company has a good ESG score relative to its sector, according to Refinitiv.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● Consensus analysts have strongly revised their opinion of the company over the past 12 months.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
● The company appears highly valued given the size of its balance sheet.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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FEDEX CORPORATION 
