Barclays Maintains Kansas City Southern to Underweight with Price Target $3.00

Brokerage firm Barclays Maintains its rating on Kansas City Southern(NYSE:KSU). In a research note issued to the investors, the brokerage major Lowers the price-target to $3.00 per share. The shares have been rated Underweight. The rating by Barclays was issued on Apr 11, 2016.

In a different note, On Feb 23, 2016, Morgan Stanley said it Downgrades its rating on Kansas City Southern. In the research note, the firm Lowers the price-target to $87.00 per share. The shares have been rated ‘Equal-weight’ by the firm. On Feb 22, 2016, Bank of America said it Maintains its rating on Kansas City Southern. In the research note, the firm Raises the price-target to $71.00 per share. The shares have been rated ‘Underperform’ by the firm. On Feb 19, 2016, Credit Suisse said it Maintains its rating on Kansas City Southern. In the research note, the firm Raises the price-target to $71.00 per share. The shares have been rated ‘Neutral’ by the firm.

Kansas City Southern (KSU) made into the market gainers list on Fridays trading session with the shares advancing 0.33% or 0.3 points. Due to strong positive momentum, the stock ended at $91.46, which is also near the day’s high of $91.95. The stock began the session at $91.26 and the volume stood at 13,65,964 shares. The 52-week high of the shares is $108.29 and the 52 week low is $62.2. The company has a current market capitalization of $9,923 M and it has 10,84,98,752 shares in outstanding.

Kansas City Southern(KSU) last announced its earnings results on Jan 22, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $598.00M. Analysts had an estimated revenue of $604.53M. Earnings per share were $1.23. Analysts had estimated an EPS of $1.11.

Several Insider Transactions has been reported to the SEC. On Feb 19, 2016, Warren K Erdman (Executive Vice President) sold 3,000 shares at $82.00 per share price.Also, On Dec 10, 2015, Patrick J Ottensmeyer (President) purchased 2,500 shares at $76.22 per share price.On Jun 11, 2015, Michael J. Naatz (Sr. VP & CIO) sold 3,380 shares at $93.06 per share price, according to the Form-4 filing with the securities and exchange commission.

Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company’s rail network includes The Kansas City Southern Railway Company (KCSR) which 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 several key ports along the Gulf of Mexico in Alabama Louisiana Mississippi and Texas; Kansas City Southern de Mexico S.A. de C.V. (KCSM) which serves Mexico’s principal industrial cities and three of its major seaports and Mexrail Inc. (Mexrail) which owns The Texas Mexican Railway Company (Tex-Mex) which connects the operations of KCSR with KCSM.

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