In a report released yesterday, Fadi Chamoun from BMO Capital reiterated a Hold rating on CSX Corp (CSX), with a price target of $77. The company’s shares closed on Friday at $65.83.
According to TipRanks.com, Chamoun is a top 100 analyst with an average return of 15.8% and a 75.1% success rate. Chamoun covers the Services sector, focusing on stocks such as Kansas City Southern, WestJet Airlines Ltd, and Union Pacific Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX Corp with a $81.50 average price target.
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CSX Corp’s market cap is currently $55.59B and has a P/E ratio of 8.82. The company has a Price to Book ratio of 4.05.
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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.
