- CSX Corp is actively engaging financial advisors amid industry-wide consolidation talks.
- Analysts suggest a modest upside potential for CSX with a 3.20% increase expected.
- CSX holds an "Outperform" rating with a GF Value suggesting a 3.38% potential rise.
CSX Corp (CSX, Financial) is poised for strategic shifts as industry consolidation talks heat up. The company is in discussions to enlist financial advisors in response to Union Pacific's (UNP) potential acquisition of Norfolk Southern (NSC). This trend signifies a significant move in the U.S. freight rail industry, driven by the ambition of creating a comprehensive coast-to-coast rail network.
Wall Street Analysts Weigh In
Currently, 24 Wall Street analysts offer a one-year price target for CSX Corp (CSX, Financial), with an average target of $35.46. The projections vary, reaching a high estimate of $42.00 and a low of $27.00. This average target suggests a potential 3.20% increase from the current stock price of $34.36. Investors can explore more detailed estimates on the CSX Corp (CSX) Forecast page.
Brokerage Firm Recommendations
Out of 28 brokerage firms, the consensus recommendation for CSX Corp (CSX, Financial) stands at 2.1, classified as an "Outperform." The rating scale ranges from 1, indicating a Strong Buy, to 5, representing a Sell, showcasing a generally positive outlook for the stock among analysts.
Evaluating GF Value
According to GuruFocus, the estimated GF Value for CSX Corp (CSX, Financial) over the next year is calculated at $35.52. This suggests a 3.38% potential upside from the current price of $34.36. The GF Value reflects GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, previous business growth rates, and anticipated future performance. For more comprehensive insights, visit the CSX Corp (CSX) Summary page.
