In a report released yesterday, Fadi Chamoun from BMO Capital maintained a Hold rating on CSX Corp (NASDAQ: CSX), with a price target of $80. The company’s shares closed yesterday at $70.71.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 18.5% and a 81.7% success rate. Chamoun covers the Services sector, focusing on stocks such as WestJet Airlines Ltd, Union Pacific Corp, and Canadian Railway.
Currently, the analyst consensus on CSX Corp is a Moderate Buy with an average price target of $81.25, implying a 14.9% upside from current levels. In a report released yesterday, Cowen & Co. also maintained a Hold rating on the stock with a $77 price target.
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CSX Corp’s market cap is currently $60.73B and has a P/E ratio of 10.22. The company has a Price to Book ratio of 4.33.
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CSX Corp. engages in the provision of rail-based freight transportation services. The company’s services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. CSX was founded in 1827 and is headquartered in Jacksonville, FL.
