Kansas City Southern PT Lowered to $125.00 (KSU)
Equities research analysts at BMO Capital Markets cut their price target on shares of Kansas City Southern (NYSE:KSU) from $130.00 to $125.00 in a research note issued to investors on Monday, American Banking and Market News reports. BMO Capital Markets’ price objective indicates a potential upside of 4.37% from the stock’s previous close.
Shares of Kansas City Southern (NYSE:KSU) opened at 119.77 on Monday. Kansas City Southern has a 1-year low of $84.52 and a 1-year high of $125.96. The stock’s 50-day moving average is $120.8 and its 200-day moving average is $114.4. The company has a market cap of $13.200 billion and a price-to-earnings ratio of 40.19.
Kansas City Southern (NYSE:KSU) last posted its quarterly earnings results 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 prior year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. On average, analysts predict that Kansas City Southern will post $4.08 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferson Research upgraded shares of Kansas City Southern from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, October 29th. Separately, 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. Finally, 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 equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Kansas City Southern currently has an average rating of “Hold” and a consensus target price of $114.17.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.