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Investing.com - Barclays (LON:BARC) has raised its price target on CSX (NASDAQ:CSX) to $38.00 from $36.00 while maintaining an Overweight rating on the railroad operator’s stock. The new target sits well within the analyst range of $27-$45, with the current consensus suggesting modest upside potential.
The price target adjustment represents a $2.00 increase from the investment bank’s previous valuation, signaling continued confidence in CSX’s financial performance and market position. With a market capitalization of $65.7 billion and healthy EBITDA of $6.8 billion in the last twelve months, CSX demonstrates solid financial fundamentals. According to InvestingPro analysis, the stock is currently fairly valued based on its proprietary Fair Value model.
Barclays maintained its Overweight rating on CSX stock, suggesting the firm believes the company will outperform its sector peers in the coming months. The company has shown strong shareholder commitment, maintaining dividend payments for 45 consecutive years with an 8.3% dividend growth in the last twelve months. InvestingPro subscribers can access 10+ additional exclusive insights about CSX’s financial health and market position.
The railroad transportation company operates one of the largest rail networks in the eastern United States, spanning approximately 21,000 route miles across 23 states.
CSX provides rail-based freight transportation services including traditional rail service, intermodal containers, and automotive carriers, serving major markets in the eastern United States and Canadian provinces.
In other recent news, CSX Corporation reported its second-quarter 2025 earnings, showcasing a mixed financial outcome. The company achieved an earnings per share (EPS) of $0.44, which exceeded analyst expectations of $0.42, representing a 4.76% surprise. However, CSX’s revenue fell slightly short of projections, reaching $3.57 billion compared to the anticipated $3.58 billion, marking a 0.28% miss. These results highlight a nuanced financial performance for the quarter. Despite the mixed earnings report, the company’s stock remained relatively stable in after-hours trading. Investors will likely be paying close attention to how CSX navigates these financial results in the coming quarters.
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