In a report released today, Patrick Brown from Raymond James maintained a Buy rating on CSX (CSX – Research Report), with a price target of $39.00. The company’s shares closed last Thursday at $35.06.
According to TipRanks.com, Brown is a top 25 analyst with an average return of 20.0% and a 77.1% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as Old Dominion Freight, Union Pacific, and United Parcel.
CSX has an analyst consensus of Moderate Buy, with a price target consensus of $38.73, representing a 11.0% upside. In a report issued on April 7, Susquehanna also maintained a Buy rating on the stock with a $44.00 price target.
CSX’s market cap is currently $76.52B and has a P/E ratio of 20.90.
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.
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.
Read More on CSX: