Many Norfolk Souther Corporation(NSC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Cowen on Jan 26, 2017 to Outperform, Raises Price Target to $ 130 from a previous price target of $116 .Norfolk Southern Corp. was Initiated by Buckingham Research to Neutral on Jan 18, 2017. Norfolk Southern Corp. was Downgraded by CLSA to Underperform on Jan 10, 2017. Company shares were Downgraded by Seaport Global Securities on Jan 9, 2017 to Neutral, Raises Price Target to $ 106 from a previous price target of $101 .
Company has reported several Insider transactions to the SEC, on Feb 10, 2017, Marta R Stewart (EVP-Finance and CFO) sold 2,607 shares at 121.97 per share price.On Feb 8, 2017, William Andrew Galanko (SVP – Law and Corp. Comm.) sold 5,934 shares at 119.13 per share price.On Feb 7, 2017, Wesley G Bush (director) sold 1 shares at 119.12 per share price.
Norfolk Southern Corp. Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $1.36. The company had revenue of $2490.00 million for the quarter, compared to analysts expectations of $2497.29 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.20 EPS.
Norfolk Souther Corporation (NYSE:NSC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.47 by 20 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Norfolk Souther Corporation (NYSE:NSC) shares are expected to touch $109.08 in the short term. This short term price target has been shared by 13 analysts. However, the standard deviation of short term price estimate has been valued at 21.26. The target price could hit $138 on the higher end and $64 on the lower end.
Norfolk Souther Corporation (NYSE:NSC) rose 0.23% or 0.28 points on Tuesday and made its way into the gainers of the day. After trading began at $121.83 the stock was seen hitting $123 as a peak level and $121.62 as the lowest level. The stock ended up at $122.49. The daily volume was measured at 1,326,279 shares. The 52-week high of the share price is $123.3 and the 52-week low is $72.01. The company has a market cap of $35,590 million.
Norfolk Southern Corp., a Virginia-based holding company, owns two major freight railroads, Norfolk Southern Railway Company and Norfolk Western Railway Company, which operates in numerous states, the District of Columbia and the Province of Ontario. (Company Press Release)