Rothschild & Co Redburn Forecasts Strong Price Appreciation for CSX (NASDAQ:CSX) Stock

CSX (NASDAQ:CSX) had its price objective raised by Rothschild & Co Redburn from $42.50 to $45.50 in a research report issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Rothschild & Co Redburn’s price target points to a potential upside of 10.38% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the company. Jefferies Financial Group lifted their target price on CSX from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Argus upped their target price on CSX from $40.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, January 27th. Citigroup decreased their price target on CSX from $42.00 to $41.00 and set a “buy” rating for the company in a research report on Friday, January 23rd. TD Cowen reissued a “buy” rating on shares of CSX in a research note on Monday, January 12th. Finally, Sanford C. Bernstein boosted their price objective on CSX from $36.00 to $39.00 and gave the stock a “market perform” rating in a report on Tuesday. Eighteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.94.

CSX Stock Down 0.5%

CSX stock opened at $41.22 on Wednesday. The firm has a market cap of $76.70 billion, a PE ratio of 26.77, a P/E/G ratio of 2.30 and a beta of 1.25. CSX has a 12 month low of $26.22 and a 12 month high of $43.35. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.81 and a quick ratio of 0.69. The firm has a 50 day simple moving average of $40.26 and a 200 day simple moving average of $37.18.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The business had revenue of $3.51 billion during the quarter, compared to analyst estimates of $3.59 billion. CSX had a return on equity of 23.88% and a net margin of 20.50%.The company’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.42 EPS. Equities research analysts forecast that CSX will post 1.83 earnings per share for the current fiscal year.

Insider Activity

In related news, CAO Diana B. Sorfleet sold 90,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $41.56, for a total transaction of $3,740,400.00. Following the transaction, the chief accounting officer directly owned 165,613 shares of the company’s stock, valued at approximately $6,882,876.28. The trade was a 35.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stephen Fortune sold 31,456 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $38.65, for a total value of $1,215,774.40. Following the completion of the sale, the executive vice president directly owned 82,034 shares of the company’s stock, valued at approximately $3,170,614.10. This represents a 27.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 188,123 shares of company stock worth $7,454,854. 0.55% of the stock is owned by corporate insiders.

Institutional Trading of CSX

A number of hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its position in CSX by 5.5% during the fourth quarter. Brighton Jones LLC now owns 16,254 shares of the transportation company’s stock valued at $525,000 after purchasing an additional 849 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in CSX in the 2nd quarter worth approximately $25,000. SVB Wealth LLC acquired a new stake in shares of CSX during the 2nd quarter valued at $807,000. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of CSX by 3.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,410 shares of the transportation company’s stock valued at $2,428,000 after buying an additional 2,281 shares during the period. Finally, WFA of San Diego LLC purchased a new position in shares of CSX during the 2nd quarter valued at $28,000. 73.57% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Rothschild & Co Redburn raised its price target to $45.50 and kept a Buy rating, implying near-term upside (~9.8%) and offering bullish analyst support for the stock. Rothschild raises CSX price target
• Positive Sentiment: A Sanford C. Bernstein analyst published commentary expecting CSX shares to rise, reinforcing a constructive view on the stock from at least one sell‑side voice. Sanford Bernstein expects CSX to rise
• Neutral Sentiment: Bernstein updated its rail-sector view and nudged its CSX price target to $39 (from $36) but maintained a Market Perform (hold) rating — a modest target lift without a change in stance, so limited catalytic impact. Bernstein lifts CSX price target to $39
• Neutral Sentiment: Analyst commentary and pieces from Zacks/Yahoo are flagging CSX’s higher valuation and asking whether investors should retain shares — useful context for longer‑term positioning but not an immediate catalyst. Zacks: Should investors retain CSX?
• Negative Sentiment: BMO Capital Markets trimmed its CSX price target to $40 (from $41) and left a Market Perform rating, signaling a small downside bias and adding downward pressure on sentiment. BMO lowers CSX price target to $40
• Negative Sentiment: A local news report of a crash involving a CSX train in Dayton (driver fled the scene) introduces a short‑term operational/safety headline that can pressure sentiment despite likely limited financial impact. Crash involving CSX train in Dayton

About CSX

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.