23.23 % to Target, Bank of America Maintains ‘”Buy”’ Rating on CSX (NYSE:CSX) Shares Today

February 14, 2018 - By Henry Gaston

 23.23 % to Target, Bank of America Maintains ‘

Investors sentiment decreased to 0.66 in Q3 2017. Its down 0.17, from 0.83 in 2017Q2. It turned negative, as 56 investors sold CSX Corporation shares while 351 reduced holdings. 65 funds opened positions while 204 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported.

Exxonmobil Invest Mgmt Tx has invested 0.23% of its portfolio in CSX Corporation (NASDAQ:CSX). Moreover, D Scott Neal has 0.02% invested in CSX Corporation (NASDAQ:CSX) for 476 shares. Swiss Financial Bank reported 0.21% in CSX Corporation (NASDAQ:CSX). Sirios Capital Management L P holds 515,820 shares or 1.47% of its portfolio. Retirement Of Alabama holds 0.13% or 443,096 shares in its portfolio. Commonwealth Equity Serv, Massachusetts-based fund reported 235,928 shares. Commonwealth Of Pennsylvania School Empls Retrmt stated it has 0.06% of its portfolio in CSX Corporation (NASDAQ:CSX). Destination Wealth Mngmt invested 0.05% in CSX Corporation (NASDAQ:CSX). Neuberger Berman Group Incorporated Ltd Liability Company has invested 0.72% in CSX Corporation (NASDAQ:CSX). Gotham Asset Management Ltd holds 389,664 shares. Brown Advisory Securities Lc holds 4,287 shares. Baldwin Brothers Ma invested in 980 shares. Scotia holds 61,723 shares. 3.75 million are held by Thrivent Fincl For Lutherans. Penobscot Invest Communication holds 0.84% or 51,850 shares.

CSX (NYSE:CSX) Rating Reaffirmed

They currently have a $66 price target on CSX (NYSE:CSX). The target price by Bank of America would suggest a potential upside of 23.23 % from the company’s stock close price. This has been revealed to investors in a research note on Tuesday, 13 February.

Investors sentiment decreased to 0.66 in Q3 2017. Its down 0.17, from 0.83 in 2017Q2. It turned negative, as 56 investors sold CSX Corporation shares while 351 reduced holdings. 65 funds opened positions while 204 raised stakes. 612.12 million shares or 2.65% less from 628.79 million shares in 2017Q2 were reported.

Exxonmobil Invest Mgmt Tx has invested 0.23% of its portfolio in CSX Corporation (NASDAQ:CSX). Moreover, D Scott Neal has 0.02% invested in CSX Corporation (NASDAQ:CSX) for 476 shares. Swiss Financial Bank reported 0.21% in CSX Corporation (NASDAQ:CSX). Sirios Capital Management L P holds 515,820 shares or 1.47% of its portfolio. Retirement Of Alabama holds 0.13% or 443,096 shares in its portfolio. Commonwealth Equity Serv, Massachusetts-based fund reported 235,928 shares. Commonwealth Of Pennsylvania School Empls Retrmt stated it has 0.06% of its portfolio in CSX Corporation (NASDAQ:CSX). Destination Wealth Mngmt invested 0.05% in CSX Corporation (NASDAQ:CSX). Neuberger Berman Group Incorporated Ltd Liability Company has invested 0.72% in CSX Corporation (NASDAQ:CSX). Gotham Asset Management Ltd holds 389,664 shares. Brown Advisory Securities Lc holds 4,287 shares. Baldwin Brothers Ma invested in 980 shares. Scotia holds 61,723 shares. 3.75 million are held by Thrivent Fincl For Lutherans. Penobscot Invest Communication holds 0.84% or 51,850 shares.

CSX Corporation (NASDAQ:CSX) Ratings Coverage

Among 31 analysts covering CSX Corporation (NYSE:CSX), 19 have Buy rating, 3 Sell and 9 Hold. Therefore 61% are positive. CSX Corporation has $72.0 highest and $18 lowest target. $54.67’s average target is 2.07% above currents $53.56 stock price. CSX Corporation had 104 analyst reports since August 13, 2015 according to SRatingsIntel. The company was maintained on Monday, October 5 by Barclays Capital. As per Friday, January 12, the company rating was downgraded by Scotia Capital. The firm has “Hold” rating by BB&T Capital given on Friday, July 15. Credit Suisse maintained CSX Corporation (NASDAQ:CSX) on Wednesday, October 18 with “Outperform” rating. On Friday, July 15 the stock rating was maintained by Deutsche Bank with “Hold”. The company was initiated on Thursday, June 16 by Oppenheimer. Susquehanna maintained the shares of CSX in report on Tuesday, January 16 with “Buy” rating. The stock has “Buy” rating by Aegis Capital on Monday, April 24. The stock of CSX Corporation (NASDAQ:CSX) earned “Equal-Weight” rating by Morgan Stanley on Thursday, January 19. The firm earned “Market Perform” rating on Thursday, January 14 by Cowen & Co.

The stock increased 0.75% or $0.4 during the last trading session, reaching $53.56. About 7.49M shares traded. CSX Corporation (NYSE:CSX) has risen 97.18% since February 14, 2017 and is uptrending. It has outperformed by 80.48% the S&P500.

CSX Corporation, together with its subsidiaries, provides rail transportation services in the United States and Canada. The company has market cap of $47.87 billion. The firm offers rail services, as well as transports intermodal containers and trailers. It has a 8.94 P/E ratio. It transports agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals, and forest products; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants.

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Globenewswire.com which released: “CSX Corporation Announces Fourth Quarter and Full-Year 2017 Earnings” on January 16, 2018, also Globenewswire.com with their article: “CSX Corporation Announces Increase to Dividend and Share Repurchase Program” published on February 12, 2018, Seekingalpha.com published: “CSX Corporation Is Worth Between $45 And $50” on January 26, 2018. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Seekingalpha.com and their article: “After 2017 Earnings, Is CSX A Buy?” published on January 20, 2018 as well as Seekingalpha.com‘s news article titled: “CSX: I’m Not Impressed” with publication date: January 19, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.