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Raymond James Stick to Their Buy Rating for CSX

Published 07/15/2020, 08:51 AM
CSX
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Raymond James analyst Patrick Brown maintained a Buy rating on CSX on Wednesday, setting a price target of $76, which is approximately 10.72% above the present share price of $68.64.

Brown expects CSX to post earnings per share (EPS) of $1.00 for the third quarter of 2020.

The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in CSX, with an average price target of $72.53.
The analysts price targets range from a high of $84 to a low of $50.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.86 billion and a net profit of $1.18 billion. The company's market cap is $53.08 billion.

According to TipRanks.com, Raymond James analyst Patrick Brown is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.5% and a 74.46% success rate.

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

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