In looking at the consensus numbers, the sell-side research analysts covering the stock have an average target price of $90.857 for Norfolk Southern Corp. (NYSE:NSC). This number is the mean estimate from the 14 research brokerages that recently issued reports on the firm. According to Wall Street, Norfolk Southern Corp. (NYSE:NSC) is expected to report earnings per share for the current fiscal quarter of $1.33. This is the consensus mean estimate based on the individual covering sell-side analysts reported numbers. The company last reported earnings for the period ending on 2015-09-30 of $1.57. The average recommendation is the arithmetical average of the individual analyst ratings contributed by sell-side research to produce a Consensus Analyst Rating for each stock. On a scale of 1 to 5 where 1 represents a Strong Buy and 5 represents a Strong Sell, has the equity is ranked 2.76 based on 14 broker recommendations. Of the 14 analyst estimates, the most bullish sees the stock reaching $110 within the next 12 months while the most bearish analyst sees the stock at $70 within the year.
Taking a look at the long term growth prospects of the company, sell-side analysts have a consensus mean earnings per share estimate for the current year of $5.64. The high end estimate for this time frame is $6.02 with the low being $5.3. In looking at the next three to five years, the long term earnings per share estimate growth rate for the company is 7.43%, based on 3 analysts providing projections. Norfolk Southern Corporation (Norfolk Southern) is a Virginia based company that controls a railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports. It provides logistics services and offers intermodal network in the eastern half of the United States. Discover Which Stocks Can Turn Every $10,000 into $42,749!
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