In a report issued on April 5, Garrett Holland from Robert W. Baird maintained a Buy rating on CSX (CSX – Research Report), with a price target of $42.00. The company’s shares closed last Wednesday at $34.67.
According to TipRanks.com, Holland is a 3-star analyst with an average return of 2.4% and a 50.8% success rate. Holland covers the Industrial Goods sector, focusing on stocks such as Expeditors International, Knight Transportation, and Old Dominion Freight.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX with a $38.71 average price target.
CSX’s market cap is currently $76.98B and has a P/E ratio of 20.67.
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CSX Corporation provides rail-based freight transportation services, which includes traditional rail services and transportation of intermodal containers and trailers. The company operates approximately 1,848 trains per day and maintains a fleet of over 3,500 locomotives and approximately 51,000 freight cars.
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