Kansas City Southern Initiated with a Buy at Seaport Global

Kansas City Southern (NYSE: KSU) received a Buy rating from Seaport Global analyst Mark Levin today. The company’s shares closed yesterday at $92.58.

According to TipRanks.com, Levin is a 1-star analyst with an average return of -4.1% and a 75.0% success rate. Levin covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corp., CNX Coal Resources, and Alpha Natural.

Currently, the analyst consensus on Kansas City Southern is Moderate Buy and the average price target is $102.25, representing a 10.4% upside.

In a report issued on October 4, Loop Capital Markets also maintained a Buy rating on the stock with a $113 price target.

The company has a one year high of $100.69 and a one year low of $62.20. Currently, Kansas City Southern has an average volume of 1.22M.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2016, Michael Upchurch, a the EVP & CFO of KSU sold 5,367 shares for a total of $510,831.

Kansas City Southern is a holding company with domestic and international rail operations in North America that are strategically focused on the growing north/south freight corridor connecting key commercial and industrial markets in the central United States with major industrial cities in Mexico. The company is engaged primarily in the freight rail transportation business operating through a single coordinated rail network. Kansas City Southern was founded by Arthur E. Stilwell in 1887 and is headquartered in Kansas City, MO.