Stifel Nicolaus Remains a Buy on Kansas City Southern

By Austin Angelo

Stifel Nicolaus analyst John Larkin reiterated a Buy rating on Kansas City Southern (NYSE: KSU) on June 28 and set a price target of $108. The company’s shares opened today at $103.06, close to its 52-week high of $104.47.

According to TipRanks.com, Larkin is a 5-star analyst with an average return of 10.2% and a 67.9% success rate. Larkin covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Student Transportation.

Currently, the analyst consensus on Kansas City Southern is Moderate Buy and the average price target is $103.83, representing a 0.7% upside.

In a report issued on June 16, Credit Suisse also upgraded the stock to Buy with a $116 price target.

Kansas City Southern’s market cap is currently $10.87B and has a P/E ratio of 21.26. The company has a book value ratio of 2.6211.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. Last month, Robert Druten, a Director at KSU sold 3,500 shares for a total of $323,960.

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.

Kansas City Southern is a transportation holding company, which focuses on the growing north or south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The firm operates through the U.S. and Mexico geographical segments.