Norfolk Southern Stock Rating Upgraded by Zacks (NSC)
Zacks upgraded shares of Norfolk Southern (NYSE: NSC) from an underperform rating to a neutral rating in a report issued on Tuesday. They currently have $79.00 target price on the stock.
Shares of Norfolk Southern (NYSE: NSC) traded down 0.27% during mid-day trading on Tuesday, hitting $75.815. Norfolk Southern has a one year low of $56.05 and a one year high of $76.26. The stock’s 50-day moving average is currently $72.42. The company has a market cap of $23.845 billion and a P/E ratio of 14.17.
A number of other analysts have also recently weighed in on NSC. Analysts at Cowen raised their price target on shares of Norfolk Southern from $82.00 to $85.00 in a research note to investors on Tuesday. They now have a buy rating on the stock. Separately, analysts at TheStreet reiterated a buy rating on shares of Norfolk Southern in a research note to investors on Monday. Finally, analysts at Barclays Capital reiterated an equal weight rating on shares of Norfolk Southern in a research note to investors on Tuesday, March 12th. They now have a $75.00 price target on the stock.
Thirteen investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $76.90.
Norfolk Southern Corporation (NYSE: NSC) is a Virginia based company that controls a railroad, Norfolk Southern Railway Company.
To view Zacks’ full report, visit www.zacks.com
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