Credit Suisse Keeps a Buy Rating on CSX Corp

By Jason Carr

Credit Suisse analyst Allison Landry maintained a Buy rating on CSX Corp (NYSE: CSX) on April 13 and set a price target of $65. The company’s shares closed on Friday at $55.59.

According to TipRanks.com, Landry is a 5-star analyst with an average return of 12.3% and a 67.5% success rate. Landry covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and Union Pacific Corp.

Currently, the analyst consensus on CSX Corp is Moderate Buy and the average price target is $63.50, representing a 14.2% upside.

In a report issued on April 2, Susquehanna also reiterated a Buy rating on the stock with a $68 price target.

The company has a one-year high of $60.04 and a one-year low of $46.39. Currently, CSX Corp has an average volume of 6.76M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

CSX Corp. engages in the provision of rail-based freight transportation services. The company’s services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. CSX was founded in 1827 and is headquartered in Jacksonville, FL.