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Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: CSX (CSX), XPO (XPO) and ABB Ltd (OtherABBNY)

Tipranks - Fri Jun 26, 7:17AM CDT

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on CSX (CSX), XPO (XPO) and ABB Ltd (ABBNY).

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CSX (CSX)

BMO Capital analyst Fadi Chamoun maintained a Hold rating on CSX today and set a price target of $49.00. The company’s shares closed last Wednesday at $46.06.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 17.4% and a 66.7% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian Pacific Kansas City, Canadian National Railway, and Old Dominion Freight. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CSX with a $46.84 average price target, which is a 1.5% upside from current levels. In a report issued on June 11, Bernstein also maintained a Hold rating on the stock with a $39.00 price target.

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XPO (XPO)

In a report released yesterday, Eric Morgan from Barclays maintained a Buy rating on XPO, with a price target of $250.00. The company’s shares closed last Wednesday at $196.83.

According to TipRanks.com, Morgan is a 4-star analyst with an average return of 15.3% and a 54.8% success rate. Morgan covers the Industrial Goods sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Werner Enterprises. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for XPO with a $228.29 average price target, which is a 14.6% upside from current levels. In a report issued on June 9, Wells Fargo also maintained a Buy rating on the stock with a $250.00 price target.

ABB Ltd (ABBNY)

Bernstein analyst Alasdair Leslie maintained a Hold rating on ABB Ltd today. The company’s shares closed last Wednesday at $105.84.

According to TipRanks.com, Leslie is ranked #5140 out of 12322 analysts.

ABB Ltd has an analyst consensus of Hold.

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