Raymond James analyst Patrick Brown maintained a Buy rating on CSX (CSX – Research Report) yesterday and set a price target of $38.00. The company’s shares closed yesterday at $34.74.
According to TipRanks, Brown is a top 25 analyst with an average return of 19.0% and a 75.71% success rate. Brown covers the Industrials sector, focusing on stocks such as CSX, Old Dominion Freight, and FedEx.
In addition to Raymond James, CSX also received a Buy from Barclays’s Brandon Oglenski in a report issued on January 10. However, on January 12, Wells Fargo maintained a Hold rating on CSX (NASDAQ: CSX).
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The company has a one-year high of $35.09 and a one-year low of $27.31. Currently, CSX has an average volume of 11.84M.
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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.
Read More on CSX:
- Thousands Trained Through CSX Community Safety Initiatives in 2023
- North American rail traffic up 6.6% for the week ending January 6
- CSX price target raised to $41 from $38 at Barclays
- Susquehanna upgrades ‘cleanest’ U.S. rail recovery play CSX to Positive
- CSX upgraded to Positive from Neutral at Susquehanna
