Kansas City Southern Upgraded by Jefferson Research to Buy (KSU)
Kansas City Southern (NYSE:KSU) was upgraded by equities research analysts at Jefferson Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, Analyst Ratings Network.com reports.
Shares of Kansas City Southern (NYSE:KSU) traded up 0.54% during mid-day trading on Tuesday, hitting $123.43. The stock had a trading volume of 139,212 shares. Kansas City Southern has a one year low of $72.80 and a one year high of $118.88. The stock has a 50-day moving average of $107.9 and a 200-day moving average of $108.6. The company has a market cap of $13.603 billion and a price-to-earnings ratio of 41.12.
Kansas City Southern (NYSE:KSU) last issued its quarterly earnings data on Friday, October 18th. The company reported $1.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.12 by $0.02. The company had revenue of $622.00 million for the quarter, compared to the consensus estimate of $628.40 million. During the same quarter in the previous year, the company posted $0.82 earnings per share. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Analysts expect that Kansas City Southern will post $4.08 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Kansas City Southern in a research note to investors on Tuesday, October 22nd. They now have a $124.00 price target on the stock. Separately, analysts at Credit Suisse downgraded shares of Kansas City Southern from a “focus list” rating to an “outperform” rating in a research note to investors on Wednesday, October 9th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $112.92.
Kansas City Southern (NYSE:KSU) is a transportation holding company with domestic and international rail operations in North America that are strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with industrial cities in Mexico.
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