Cowen & Co. Believes Kansas City Southern (KSU) Won’t Stop Here


Cowen & Co. analyst Jason Seidl maintained a Buy rating on Kansas City Southern (KSU) today and set a price target of $136. The company’s shares closed yesterday at $123.14, close to its 52-week high of $125.92.

According to TipRanks.com, Seidl is a top 100 analyst with an average return of 16.8% and a 74.7% success rate. Seidl covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Echo Global Logistics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kansas City Southern with a $132.33 average price target, representing a 7.5% upside. In a report issued on April 17, Loop Capital Markets also maintained a Buy rating on the stock with a $142 price target.

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The company has a one-year high of $125.92 and a one-year low of $90.55. Currently, Kansas City Southern has an average volume of 1.19M.

Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. Last month, Patrick Ottensmeyer, the President & CEO of KSU sold 13,800 shares for a total of $1,717,686.

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.

Kansas City Southern is a transportation holding company. It focuses on the growing north or south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The company also engages in the freight rail transportation business operating through a single coordinated rail network.

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