Share on StockTwits

Analysts at Robert W. Baird increased their price target on shares of CSX (NYSE:CSX) from $32.00 to $34.00 in a research report issued to clients and investors on Tuesday. Robert W. Baird’s target price points to a potential upside of 10.03% from the company’s current price.

A number of other analysts have also recently weighed in on CSX. Analysts at Barclays raised their price target on shares of CSX from $30.00 to $31.00 in a research note on Monday, June 30th. They now have an “equal weight” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of CSX in a research note on Friday, June 27th. They now have a $31.00 price target on the stock, up previously from $28.00. Finally, analysts at FBR Capital Markets raised their price target on shares of CSX from $33.00 to $35.00 in a research note on Tuesday, June 24th. They now have an “outperform” rating on the stock. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $30.56.

Shares of CSX (NYSE:CSX) traded down 0.35% on Tuesday, hitting $30.90. The stock had a trading volume of 6,442,430 shares. CSX has a 1-year low of $23.46 and a 1-year high of $31.22. The stock has a 50-day moving average of $30.18 and a 200-day moving average of $28.61. The company has a market cap of $31.035 billion and a price-to-earnings ratio of 17.49.

CSX (NYSE:CSX) last posted its quarterly earnings results on Tuesday, April 15th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.02. The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter in the previous year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Analysts expect that CSX will post $1.86 EPS for the current fiscal year.

CSX Corporation (NYSE:CSX), together with its subsidiaries, is a transportation supplier.

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.