In a report released yesterday, Walter Spracklin from RBC Capital maintained a Hold rating on CSX (CSX – Research Report), with a price target of $34.00. The company’s shares closed yesterday at $34.39.
Spracklin covers the Industrials sector, focusing on stocks such as TFI International, GFL Environmental, and Canadian National Railway. According to TipRanks, Spracklin has an average return of 15.3% and a 63.00% success rate on recommended stocks.
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 $67.96B and has a P/E ratio of 18.59.
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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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