<div id="readability-page-1"><p><span>CSX (NASDAQ:CSX - Get Free Report)</span> was downgraded by analysts at BMO Capital Markets from an &#34;outperform&#34; rating to a &#34;market perform&#34; rating in a research note issued to investors on Monday, MarketBeat.com reports. They presently have a $38.00 price objective on the transportation company's stock. BMO Capital Markets' price objective indicates a potential upside of 5.83% from the company's previous close.</p><p>Several other analysts have also weighed in on CSX. Baird R W upgraded shares of CSX to a &#34;strong-buy&#34; rating in a research note on Tuesday, July 1st. Raymond James Financial boosted their price target on shares of CSX from $33.00 to $37.00 and gave the company an &#34;outperform&#34; rating in a research note on Tuesday, July 15th. Susquehanna  restated a &#34;neutral&#34; rating and issued a $35.00 target price on shares of CSX in a report on Tuesday, June 24th. TD Cowen upgraded CSX from a &#34;hold&#34; rating to a &#34;buy&#34; rating and lifted their price target for the company from $32.00 to $45.00 in a research note on Monday, July 21st. Finally, Citigroup upped their target price on shares of CSX from $36.00 to $38.00 and gave the stock a &#34;buy&#34; rating in a research note on Wednesday, July 9th. Eight investment analysts have rated the stock with a hold rating, fourteen have assigned  a buy rating and one  has issued  a strong buy rating to the company. According to data from MarketBeat, CSX  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $37.00.</p><p><b>View Our Latest Report on CSX</b></p><h2>CSX Trading Down 1.1%</h2><p>CSX stock traded down $0.42 during mid-day trading on Monday, hitting $35.91. 13,141,839 shares of the stock were exchanged, compared to its average volume of 16,076,484. The stock has a market capitalization of $66.94 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 2.71 and a beta of 1.25. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.50. CSX has a 12 month low of $26.22 and a 12 month high of $37.10. The firm's fifty day simple moving average is $33.98 and its two-hundred day simple moving average is $31.55. </p><p>CSX (NASDAQ:CSX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.02. The business had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.57 billion. CSX had a net margin of 21.92% and a return on equity of 25.48%. CSX's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share.  Analysts forecast that  CSX will post 1.83 EPS for the current year. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently modified their holdings of the stock. Associated Banc Corp increased its holdings in shares of  CSX by 0.9% in the first quarter. Associated Banc Corp now owns 40,384 shares of the transportation company's stock valued at $1,189,000 after purchasing an additional 356 shares during the period.  Portside Wealth Group LLC raised its position in  CSX by 1.3% in the first quarter. Portside Wealth Group LLC now owns 27,335 shares of the transportation company's stock worth $804,000 after acquiring an additional 361 shares in the last quarter.  Ullmann Wealth Partners Group LLC raised its position in  CSX by 1.3% in the first quarter. Ullmann Wealth Partners Group LLC now owns 29,276 shares of the transportation company's stock worth $862,000 after acquiring an additional 363 shares in the last quarter.  LRI Investments LLC raised its position in  CSX by 4.8% in the first quarter. LRI Investments LLC now owns 8,254 shares of the transportation company's stock worth $243,000 after acquiring an additional 375 shares in the last quarter.  Finally, Patrick M Sweeney &amp; Associates Inc. raised its position in  CSX by 1.2% in the first quarter. Patrick M Sweeney &amp; Associates Inc. now owns 32,205 shares of the transportation company's stock worth $948,000 after acquiring an additional 378 shares in the last quarter. Institutional investors and hedge funds own  73.57% of the company's stock. </p><h2>CSX Company Profile</h2> (Get Free Report)<p>CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than CSX</li><li>What Do S&amp;P 500 Stocks Tell Investors About the Market? </li><li>Microsoft Stock: Bullish Bets Pile Up Before September</li><li>Retail Stocks Investing, Explained</li><li>Buffett Makes Big Moves Outside of UNH: A Buy and Sell Breakdown</li><li>Trading Halts Explained</li><li>5 Space Stocks That Could Soar in the Next Decade</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NY?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NY"/></p><h2>Should You Invest $1,000 in CSX Right Now?</h2><p>Before you consider CSX, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CSX wasn't on the list.</p><p>While CSX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>BMO Capital Markets downgraded CSX from an "outperform" to a "market perform" rating, setting a target price of $38.00. This indicates a potential upside of 5.83% from the previous close. Other analysts have varied opinions, with some upgrading the stock and others maintaining hold ratings. CSX shares traded down 1.1% to $35.91, with a market cap of $66.94 billion. The company reported $0.44 EPS for the last quarter, beating estimates, but revenue was down 3.5% year-over-year. Institutional investors hold 73.57% of CSX's stock.</p>

CSX (NASDAQ:CSX) Downgraded to "Market Perform" Rating by BMO Capital Markets