Breaking Finance News

A statement released earlier today by Goldman Sachs about CSX Corporation CSX (NYSE:CSX) raises the target price to $45.00

Just yesterday CSX Corporation CSX (NYSE:CSX) traded 0.28% higher at $49.85. CSX Corporation CSX’s 50-day moving average is $52.04 and its 200-day moving average is $51.46. The last stock price is down 2.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 1,271,759 shares of CSX traded hands, down from an average trading volume of 7,057,910

In a report released on 11/13/2017 Goldman Sachs raised the target price of CSX Corporation CSX (NYSE:CSX) to $45.00 reporting a possible downside of -0.10%.

Recent Performance Chart

CSX Corporation CSX (NYSE:CSX)

CSX Corporation CSX has 52 week low of $30.01 and a 52 week high of $55.48 with a PE ratio of 27.71 and has a market capitalization of $0.

In addition to Goldman Sachs reporting its target price, a total of 24 firms have reported on the company. The average stock price target is $27.71 with 8 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, eleven brokerages rating the company a hold, one brokerage rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On CSX Corporation CSX (NYSE:CSX)

CSX Corporation is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service and transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. The Company categorizes its products into three primary lines of business: merchandise, intermodal and coal. The Company's intermodal business links customers to railroads through trucks and terminals. The Company's merchandise business consists of shipments in markets, such as agricultural and food products, fertilizers, chemicals, automotive, metals and equipment, minerals and forest products. The Company's coal business transports domestic coal, coke and iron ore to electricity-generating power plants, steel manufacturers and industrial plants, as well as export coal to deep-water port facilities.

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

Leave a Reply

Your email address will not be published. Required fields are marked *