Norfolk Southern Corporation – Consensus Indicates Potential -2.0% Downside

Broker Ratings
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Norfolk Southern Corporation with ticker code (NSC) now have 24 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 286 and 177 and has a mean target at 250.92. Given that the stocks previous close was at 256.14 this would indicate that there is a downside of -2.0%. The day 50 moving average is 247.23 and the 200 day moving average is 242.02. The company has a market cap of $58,844m. You can visit the company’s website by visiting: https://www.norfolksouthern.com

The potential market cap would be $57,645m based on the market concensus.

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, scrap paper, beverages, canned goods, and consumer products; chemicals consist of sulfur and related chemicals, petroleum products, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, and sand; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal. It also transports overseas freight through various Atlantic and Gulf Coast ports; and provides commuter rail passenger transportation services and operates an intermodal network. As of December 31, 2021, the company operated approximately 19,300 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is based in Atlanta, Georgia.

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