Deutsche Bank Reaffirms Their Hold Rating on Kansas City Southern (KSU)


In a report released today, Amit Mehrotra from Deutsche Bank maintained a Hold rating on Kansas City Southern (NYSE: KSU), with a price target of $120. The company’s shares closed yesterday at $115.69.

According to TipRanks.com, Mehrotra ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -3.7% and a 43.1% success rate. Mehrotra covers the Services sector, focusing on stocks such as Union Pacific Corp, Norfolk Southern, and XPO Logistics.

Kansas City Southern has an analyst consensus of Moderate Buy, with a price target consensus of $126.88, representing a 9.7% upside. In a report issued on September 25, Barclays also maintained a Hold rating on the stock with a $130 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $120.34 and a one-year low of $99.47. Currently, Kansas City Southern has an average volume of 984.7K.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Michael Upchurch, the EVP & CFO of KSU sold 5,442 shares for a total of $635,462.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts