Are Wall Street Analysts Predicting CSX Corporation Stock Will Climb or Sink?

Valued at a market cap of $63.4 billion, CSX Corporation (CSX) provides rail-based freight transportation services like traditional rail service, transport of intermodal containers and trailers, rail-to-truck transfers, and bulk commodity operations, among others. The Jacksonville, Florida-based company also leases locomotives on a short-term basis.

Shares of this transport company have massively underperformed the broader market over the past 52 weeks. CSX has declined 11% over this time frame, while the broader S&P 500 Index ($SPX) has soared 20.9%. Moreover, on a YTD basis, the stock is marginally up compared to SPX’s 1.9% rise.