UBS Group Increases Kansas City Southern (NYSE:KSU) Price Target to $163.00

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Kansas City Southern (NYSE:KSU) had its target price lifted by UBS Group from $143.00 to $163.00 in a research note issued on Monday, BenzingaRatingsTable reports. The firm currently has a “buy” rating on the transportation company’s stock. UBS Group’s price objective indicates a potential upside of 12.37% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upped their price target on shares of Kansas City Southern from $130.00 to $136.00 and gave the stock a “neutral” rating in a research report on Monday, July 22nd. Cascend Securities cut shares of Kansas City Southern from a “buy” rating to a “hold” rating in a research report on Wednesday, July 17th. Credit Suisse Group set a $158.00 price target on shares of Kansas City Southern and gave the stock a “buy” rating in a research report on Friday, October 18th. Raymond James upped their price target on shares of Kansas City Southern from $151.00 to $170.00 and gave the stock a “strong-buy” rating in a research report on Monday. Finally, Seaport Global Securities upped their price target on shares of Kansas City Southern from $145.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Six equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $143.13.

Shares of KSU opened at $145.06 on Monday. The company has a 50 day moving average price of $132.40 and a 200-day moving average price of $123.60. Kansas City Southern has a fifty-two week low of $90.55 and a fifty-two week high of $149.23. The stock has a market capitalization of $14.51 billion, a PE ratio of 24.30, a PEG ratio of 1.44 and a beta of 0.94. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.59 and a current ratio of 0.79.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings results on Friday, October 18th. The transportation company reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.15. Kansas City Southern had a net margin of 20.23% and a return on equity of 13.06%. The firm had revenue of $747.70 million during the quarter, compared to analysts’ expectations of $734.39 million. During the same quarter in the prior year, the company earned $1.57 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. Equities research analysts forecast that Kansas City Southern will post 6.71 EPS for the current year.

In related news, EVP Warren K. Erdman sold 6,840 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $127.39, for a total transaction of $871,347.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lu M. Cordova sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $124.50, for a total transaction of $124,500.00. Following the transaction, the director now owns 1,032 shares of the company’s stock, valued at approximately $128,484. The disclosure for this sale can be found here. Insiders own 0.82% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rehmann Capital Advisory Group increased its stake in Kansas City Southern by 81.3% during the 2nd quarter. Rehmann Capital Advisory Group now owns 223 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 100 shares in the last quarter. Horan Capital Advisors LLC. acquired a new position in Kansas City Southern during the 3rd quarter valued at approximately $28,000. Berman Capital Advisors LLC increased its stake in Kansas City Southern by 164.8% during the 2nd quarter. Berman Capital Advisors LLC now owns 241 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 150 shares in the last quarter. HM Payson & Co. acquired a new position in Kansas City Southern during the 2nd quarter valued at approximately $32,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in Kansas City Southern by 1,288.9% during the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 250 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 87.13% of the company’s stock.

Kansas City Southern Company Profile

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

Read More: Market Capitalization – What it Means for Investors

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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