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Norfolk Souther Corporation Price Target Update – Analyst Rating …

Norfolk Souther Corporation (NYSE:NSC): 14 Analyst have given the stock of Norfolk Souther Corporation (NYSE:NSC) a near short term price target of $88.29. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $10.07. The higher price target estimate is at $110 while the lower price estimates are fixed at $70. As many as 16 brokerage firms have rated Norfolk Souther Corporation (NYSE:NSC) at 2.75. Research Analysts at Zacks have ranked the company at 4, suggesting the traders with a rating of sell for the short term. 1 rated the company as strong sell. The stock garnered a place in the hold list of 12 stock Analysts. 3 analysts rated the company as a strong buy. The company shares have dropped -32.91% from its 1 Year high price. On Feb 19, 2015, the shares registered one year high at $112.05 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $83.43 and the 200 Day Moving Average price is recorded at $82.70.

Norfolk Souther Corporation (NYSE:NSC) witnessed a decline in the market cap on Thursday as its shares dropped 1.56% or 1.11 points. After the session commenced at $70.95, the stock reached the higher end at $71.2963 while it hit a low of $66.51. With the volume soaring to 3,863,946 shares, the last trade was called at $70.07. The company has a 52-week high of $112.05. The company has a market cap of $20,921 million and there are 298,569,770 shares in outstanding. The 52-week low of the share price is $66.51.

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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