Zacks Rating on CSX Corporation (CSX)

CSX Corporation (CSX) : Zacks Investment Research ranks CSX Corporation (CSX) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 17 research analysts is 2.61, which indicates as a Hold.

CSX Corporation (CSX) : Average target price received by CSX Corporation (CSX) is $28.08 with an expected standard deviation of $3.96. The most aggressive target on the stock is $32, whereas the most downbeat target is $18. 12 financial analysts are currently covering the stock.


Shares of CSX Corp. rose by 2% in the last five trading days and 0.56% for the last 4 weeks. CSX Corp. is up 12.84% in the last 3-month period. Year-to-Date the stock performance stands at 11.53%. CSX Corporation (NYSE:CSX): stock turned positive on Tuesday. Though the stock opened at $28.62, the bulls momentum made the stock top out at $28.74 level for the day. The stock recorded a low of $28.4 and closed the trading day at $28.53, in the green by 0.28%. The total traded volume for the day was 2,964,663. The stock had closed at $28.45 in the previous days trading.

CSX Corporation (CSX), together with its subsidiaries, is a transportation company. The Company provides rail-based transportation services, including traditional rail service and the transport of intermodal containers and trailers. The Company has three lines of business: merchandise business, coal business and the intermodal business. The Companys merchandise business transports aggregates (which include crushed stone, sand and gravel), metal, phosphate, fertilizer, food, consumer (manufactured goods and appliances), agricultural, automotive, paper and chemical products. Its 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. Through a network of around 50 terminals, the intermodal business serves markets east of the Mississippi and transports manufactured consumer goods in containers, providing truck-like services for longer shipments.

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