Raymond James analyst Patrick Tyler Brown has adjusted the price target for CSX Corporation (CSX, Financial), reducing it slightly from $34 to $33. Despite this change, the analyst maintains an "Outperform" rating for the stock. This suggests continued confidence in CSX's strategies and future performance.
The firm identifies the company's ongoing execution of its ONECSX initiatives as a key factor supporting their optimism. These initiatives are anticipated to boost operational and cultural enhancements, which are expected to translate into improved financial metrics, including revenue growth, profit margins, earnings per share (EPS), and free cash flow in the years ahead.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 25 analysts, the average target price for CSX Corp (CSX, Financial) is $33.89 with a high estimate of $38.00 and a low estimate of $27.00. The average target implies an upside of 23.92% from the current price of $27.35. More detailed estimate data can be found on the CSX Corp (CSX) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, CSX Corp's (CSX, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CSX Corp (CSX, Financial) in one year is $35.53, suggesting a upside of 29.91% from the current price of $27.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CSX Corp (CSX) Summary page.
