Zacks Investment Research downgraded Kansas City Southern (NYSE:KSU) to Hold in a report released today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded Kansas City Southern (NYSE:KSU) to Hold in a report released on 10/05/2016.
Previously on Tuesday September 20, 2016, Zacks Investment Research reported about Kansas City Southern (NYSE:KSU) raised the target price from $0.00 to $101.00. At the time, this indicated a possible upside of 0.12%.
Yesterday Kansas City Southern (NYSE:KSU) traded 1.50% higher at $93.41. The company’s 50-day moving average is $94.57 and its 200-day moving average is $92.42. The last stock close price is up 1.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 352,637 shares of the stock were exchanged, down from an average trading volume of 1,186,370
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Kansas City Southern has a 52 week low of $62.20 and a 52 week high of $100.69 with a P/E ratio of 20.34 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 18 firms have reported on the stock. The consensus target price is $99.06 with 3 firms rating the stock a strong buy, 5 firms rating the stock a buy, 10 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Kansas City Southern (NYSE:KSU)
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The Company controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico's principal industrial cities and three of its seaports. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico.
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