Norfolk Souther Corporation (NSC) : 18 analysts are covering Norfolk Souther Corporation (NSC) and their average rating on the stock is 2.79, which is read as a Hold. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Norfolk Souther Corporation (NSC) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Norfolk Souther Corporation (NSC) stock is expected to deviate a maximum of $11.63 from the average target price of $88.17 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $102 and the most muted being $64.
Company shares have received an average consensus rating of Hold for the current week Also, Atlantic Equities initiates coverage on Norfolk Souther Corporation (NYSE:NSC). The current rating of the shares is Neutral, according to the research report released by the firm. The rating by the firm was issued on August 11, 2016.
Norfolk Souther Corporation (NYSE:NSC): stock was range-bound between the intraday low of $93.76 and the intraday high of $95.965 after having opened at $94.93 on Wednesdays session. The stock finally closed in the red at $94.93, a loss of -1.27%. The stock remained in the red for the whole trading day. The total traded volume was 2,427,792 shares. The stock failed to cross $95.965 in Wednesdays trading. The stocks closing price on Thursday was $95.15.
Norfolk Southern Corporation is a holding company. The Company owns a freight railroad, Norfolk Southern Railway Company. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest and through interchange with rail carriers, to and from the rest of the United States. The Company also transports overseas freight through various Atlantic and Gulf Coast ports. It provides logistics services and offers an intermodal network in the eastern half of the United States. The Companys system reaches various individual industries, electric generating facilities, mines, distribution centers, transload facilities and other businesses located in its service area. The Companys general merchandise market group is composed of five commodity groupings: chemicals; metals and construction; agriculture, consumer products, and Government; automotive, and paper, clay and forest products.