KANSAS CITY SOUTHERN (KSU)

[johnsyn]

Barchart.com's Chart of the Day - Kansas City Southern (KSU) for Dec 24, 2012


The "Chart of the Day" is Kansas City Southern (KSU), which showed up on Friday's Barchart "All-Time High" list. TrendSpotter has been long since Dec 14 at $81.89. In recent news on the stock, FBR Capital downgraded KSU to Market Perform from Outperform. Barclays initiated coverage on KSU with an Equal Weight and a target of $81. Wells Fargo said on Nov 28 that ONEOK's cancellation of its plan for the Bakken Express Pipeline is a positive for Union Pacific (UNP) and Kansas City Southern (KSU) since those two railroads move crude oil from the Bakken and other shale oil areas. Kansas City Southern, with a market cap of $9 billion, is a transportation holding company. The company's North American rail network comprises approximately 6,000 miles of rail lines that link commercial and industrial markets in the United States and Mexico. KCS also owns 50% of the Panama Canal Railway Company in Panama.