Norfolk Southern Corp. (NYSE:NSC) has been upgraded to Buy in a statement by Bank of America Corp. earlier today.
- Updated: October 16, 2016
Having a price of $95.83, Norfolk Southern Corp. (NYSE:NSC) traded 0.13% higher on the day. With the last close up 7.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. NSC has recorded a 50-day average of $94.02 and a two hundred day average of $88.46. Trade Volume was up over the average, with 1,473,619 shares of NSC changing hands over the typical 1,402,290
Bank of America Corp. has upgraded Norfolk Southern Corp. (NYSE:NSC) to Buy in a statement released on Tuesday October 11, 2016.
On 10/7/2016, Zacks Investment Research released a statement on Norfolk Southern Corp. (NYSE:NSC) upped the target price from $0.00 to $109.00 that suggested an upside of 0.12%.
Recent Performance Chart
Norfolk Southern Corp. has PE ratio of 17.78 with a one year low of $64.51 and a one year high of $98.75 and has a market capitalization of $0.
A total of 23 analysts have released a report on Norfolk Southern Corp.. Two analysts rating the company a strong buy, six analysts rating the company a buy, nineteen analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $90.11.
General Company Details For Norfolk Southern Corp. (NYSE:NSC)
Norfolk Southern Corporation is a holding company engaged in the rail transportation business. The Company operates approximately 20,000 miles of road primarily in the East and Midwest. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the Southeast, East and Midwest. The Company, 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 the intermodal network in the eastern half of the United States. The Company's system reaches various manufacturing plants, electric generating facilities, mines, distribution centers and other businesses located in its service area. The Company's intermodal market group consists of shipments moving in trailers, domestic and international containers, and RoadRailer equipment.
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