Cowen recorded CSX Corporation (NYSE:CSX), bumping up its stock price target to $33.00 earlier today
- Updated: October 14, 2016
Boasting a price of $31.19, CSX Corporation (NYSE:CSX) traded 0.00% even on the day. With the last stock price close up 13.57% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CSX Corporation has recorded a 50-day average of $29.41 and a two hundred day average of $27.43. Volume of trade was down over the average, with 0 shares of CSX changing hands under the typical 6,506,720
Cowen bumped up the target of CSX Corporation (NYSE:CSX) to $33.00 stating a potential upside of 0.06%.
On 9/13/2016, Citigroup released a statement for CSX Corporation (NYSE:CSX) bumped up the target price from $29.00 to $32.00 that suggested an upside of 0.11%.
With a total market value of $0, CSX Corporation has 52 week low of $21.33 and a 52 week high of $31.31 with a P/E ratio of 17.00 .
In addition to Cowen reporting its target price, a total of 24 firms have issued a report on the stock. The consensus target price is $27.71 with 8 firms rating the stock a strong buy, 6 firms rating the stock a buy, 11 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.
About CSX Corporation (NYSE:CSX)
CSX Corporation, together with its subsidiaries, is a transportation company. The Company provides rail-based transportation services, including rail service and the transport of intermodal containers and trailers. The Company serves three lines of business, such as merchandise business, coal business and intermodal business. The Company's merchandise business consists of shipments in diverse markets, such as agricultural products, phosphates and fertilizers, food and consumer, chemicals, automotive, metals, forest products, minerals, and waste and equipment. 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 exports coal to deep-water port facilities. The Company's intermodal business combines the rail transportation with the short-haul flexibility of trucks and offers long-haul trucking.
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