RBC Capital analyst Walter Spracklin maintained a Hold rating on CSX (CSX – Research Report) yesterday and set a price target of $34.00. The company’s shares closed yesterday at $30.54.
According to TipRanks, Spracklin is a 5-star analyst with an average return of 14.0% and a 59.40% success rate. Spracklin covers the Industrials sector, focusing on stocks such as CSX, Union Pacific, and Canadian National Railway.
In addition to RBC Capital, CSX also received a Hold from TD Cowen’s Jason Seidl in a report issued today. However, on the same day, Bank of America Securities reiterated a Buy rating on CSX (NASDAQ: CSX).
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CSX market cap is currently $61.27B and has a P/E ratio of 16.21.
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CSX (CSX) Company Description:
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.
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