According to an update released by analysts at UBS Securities the broker has now set a ‘Buy’ rating on shares of Kansas City Southern (NYSE:KSU) with a price target of 103.
UBS Securities on Wednesday reiterated Kansas City Southern’s analyst rating as ‘Buy’ with its price target of 103 highlighting a potential increase of 10.52% from Kansas City Southern’s current price of 93.2.
Over the last twelve months Kansas City Southern’s stock price has increased from 85.34 to 93.2, a change of 9.21%.
Kansas City Southern has 107,983,000 shares in issue which have a share price of 93.2 giving Kansas City Southern a market capitalisation of 10.06B USD.
The company has a 50 day moving average of 93.17 and a 200 day moving average of 92.96. The 52 week high shares of Kansas City Southern have reached is 100.69 whilst the 52 week low for the company’s shares is 62.2.
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 controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-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. The Company controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico’s principal industrial cities and three of its seaports. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico.