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CSX (NASDAQ:CSX) target price upped to $62.00, released a report earlier today by JPMorgan

Reporting a potential upside of 0.17%, JPMorgan bumped up the target of CSX (NASDAQ:CSX) to $62.00

Boasting a price of $53.08, CSX (NASDAQ:CSX) traded 0.75% higher on the day. With the last stock price close up 4.17% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same time period. CSX has recorded a 50-day moving average of $51.69 and a 200-day moving average of $51.34. 1,225,773 shares of CSX traded hands, down from an average trading volume of 6,978,660

Recent Performance Chart

CSX (NASDAQ:CSX)

CSX has 52 week low of $30.01 and a 52 week high of $55.48 with a P/E ratio of 27.97 and has a market cap of $0.

In addition to JPMorgan reporting its target price, a total of 24 firms have reported on CSX. The 12-month price target is $27.71 with eight analysts rating the company a strong buy, 6 brokers rating the stock a buy, 11 brokerages rating the company a hold, one brokerage rating the company a underperform, and finally 1 firm rating the stock a sell.

General Information About CSX (NASDAQ: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.

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