Are Wall Street Analysts Bullish on CSX Corporation Stock?

Based in Jacksonville, Florida, CSX Corporation (CSX) is a leading player in the transportation sector, specializing in rail-based freight services. With a market cap of $66.6 billion, the company operates an extensive rail network and offers a range of services, including intermodal container transport and rail-to-truck transfers.

Shares of this freight railroad company have underperformed the broader market over the past 52 weeks. CSX has climbed almost 4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.5%. In 2024, shares of CSX entered negative territory, with shares down 5.4%, compared to SPX's 12.1% gain on a YTD basis.