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CSX (CSX) Stock Forecast & Price Target

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$36.58 -0.11 (-0.30%)
(As of 05:37 PM ET)

CSX - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
12

Based on 18 Wall Street analysts who have issued ratings for CSX in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 6 have given a hold rating, and 12 have given a buy rating for CSX.

Consensus Price Target

$38.78
6.01% Upside
According to the 18 analysts' twelve-month price targets for CSX, the average price target is $38.78. The highest price target for CSX is $44.00, while the lowest price target for CSX is $34.00. The average price target represents a forecasted upside of 6.01% from the current price of $36.58.
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CSX Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
12 Buy rating(s)
9 Buy rating(s)
13 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$38.78$38.61$38.80$36.00
Forecasted Upside6.01% Upside16.09% Upside14.32% Upside12.32% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CSX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CSX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CSX Stock vs. The Competition

TypeCSXTransportation CompaniesS&P 500
Consensus Rating Score
2.67
2.58
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside5.92% Upside34.08% Upside6.63% Upside
News Sentiment Rating
Positive News

See Recent CSX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$40.00 ➝ $41.00+13.13%
11/12/2024Citigroup
3 of 5 stars
A. Rosa
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Boost TargetBuy ➝ Buy$42.00 ➝ $44.00+21.82%
10/17/2024Stephens
4 of 5 stars
D. Imbro
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Lower TargetOverweight ➝ Overweight$41.00 ➝ $39.00+16.77%
10/17/2024Wells Fargo & Company
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C. Wetherbee
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Lower TargetEqual Weight ➝ Equal Weight$35.00 ➝ $34.00+1.67%
10/17/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$39.00 ➝ $37.00+9.76%
10/17/2024Susquehanna
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 Lower TargetPositive ➝ Positive$42.00 ➝ $40.00+18.66%
10/17/2024Loop Capital
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 Lower TargetBuy ➝ Buy$43.00 ➝ $42.00+18.41%
10/17/2024TD Cowen
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 Lower TargetHold ➝ Hold$36.00 ➝ $35.00-1.33%
10/17/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$40.00 ➝ $39.00+9.95%
10/17/2024Evercore ISI
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J. Chappell
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Lower TargetOutperform ➝ Outperform$38.00 ➝ $37.00+4.31%
10/17/2024Royal Bank of Canada
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Walter Spracklin
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Lower TargetSector Perform ➝ Sector Perform$36.00 ➝ $35.00-1.33%
8/7/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$40.00 ➝ $40.00+17.99%
8/6/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$39.00 ➝ $42.00+22.41%
7/8/2024Sanford C. Bernstein
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 Boost TargetMarket Perform ➝ Market Perform$35.00 ➝ $36.00+8.53%
7/8/2024Bank of America
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 DowngradeBuy ➝ Neutral$37.00 ➝ $37.00+11.11%
4/18/2024UBS Group
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 Lower TargetBuy ➝ Buy$46.00 ➝ $44.00+26.84%
4/18/2024Jefferies Financial Group
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 Lower TargetHold ➝ Hold$40.00 ➝ $38.00+9.23%
1/16/2024Raymond James
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 Boost TargetOutperform ➝ Outperform$35.00 ➝ $38.00+9.01%
7/25/2023Argus
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 Boost TargetBuy$35.00 ➝ $37.00+13.78%
7/21/2023Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$25.00-22.34%
4/21/2023Credit Suisse Group
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 Reiterated RatingOutperform$37.00+16.28%
1/26/2023Cowen
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 Boost TargetMarket Perform$33.00 ➝ $35.00+12.72%
11/28/2022Deutsche Bank Aktiengesellschaft
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 Boost Target$36.00 ➝ $39.00+22.95%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 11:49 PM ET.


Should I Buy CSX Stock? CSX Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these CSX pros and cons to contact@marketbeat.com.

CSX
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in CSX Co.:

  • CSX Co. has a strong market capitalization of $68.63 billion, indicating a robust financial position and stability in the transportation sector.
  • The stock has received a consensus rating of "Moderate Buy" from analysts, with twelve analysts issuing buy ratings, suggesting positive sentiment and potential for growth.
  • Recent stock performance shows resilience, with shares trading at approximately $35.59, reflecting a 12-month high of $40.12, indicating potential for recovery and growth.
  • Institutional investors hold a significant 73.57% of CSX Co.'s stock, which often reflects confidence in the company's long-term prospects.
  • Analysts have set a consensus target price of $38.78, which is higher than the current trading price, suggesting potential upside for investors.

CSX
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in CSX Co. for these reasons:

  • Recent reductions in stock positions by major institutional investors, such as Prime Capital Investment Advisors LLC reducing their stake by 21.0%, may indicate a lack of confidence in the stock's short-term performance.
  • CSX Co. has experienced price target reductions from several analysts, with Royal Bank of Canada lowering its target from $36.00 to $35.00, which could signal potential challenges ahead.
  • The stock's price-to-earnings (P/E) ratio of 19.61 may suggest that it is overvalued compared to its earnings, which could deter value-focused investors.
  • Recent trading volumes have been below average, with only 8,329,717 shares exchanged compared to an average of 11,709,383, indicating reduced investor interest.
  • With a beta of 1.19, CSX Co. is slightly more volatile than the market, which could pose risks for risk-averse investors during market fluctuations.

CSX Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for CSX is $38.78, with a high forecast of $44.00 and a low forecast of $34.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CSX in the last twelve months. There are currently 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CSX shares.

According to analysts, CSX's stock has a predicted upside of 6.01% based on their 12-month stock forecasts.

Analysts like CSX more than other "transportation" companies. The consensus rating score for CSX is 2.67 while the average consensus rating score for "transportation" companies is 2.59. Learn more on how CSX compares to other companies.


This page (NASDAQ:CSX) was last updated on 11/27/2024 by MarketBeat.com Staff
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