Zacks Rating on Norfolk Souther Corporation (NSC)

Norfolk Souther Corporation (NSC) : Zacks Investment Research ranks Norfolk Souther Corporation (NSC) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 18 research analysts is 2.79, which indicates as a Hold.

Norfolk Souther Corporation (NSC) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $102 and the lowest price target forecast is $64. The average forecast of all the analysts is $88.17 and the expected standard deviation is $11.63.


Shares of Norfolk Southern Corporation rose by 3.27% in the last five trading days and 0.75% for the last 4 weeks. Norfolk Southern Corporation is up 12.67% in the last 3-month period. Year-to-Date the stock performance stands at 11.24%. Norfolk Souther Corporation (NYSE:NSC): stock turned positive on Tuesday. Though the stock opened at $91.9, the bulls momentum made the stock top out at $92.19 level for the day. The stock recorded a low of $91.52 and closed the trading day at $92.03, in the green by 0.73%. The total traded volume for the day was 723,360. The stock had closed at $91.36 in the previous days trading.

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.

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