How Analysts Rated Norfolk Southern Corp

Lloyd Doyle
October 13, 2017

Ao Asset Management Llc sold 31,400 shares as Salesforce Com Inc (CRM)'s stock rose 7.28%.

According to Finviz reported data, The SMA20 of the stock is at -0.04 percent, SMA50 is 5.58 percent, while SMA200 is 9.46 percent. The company saw 1.23 million shares trade hands over the course of the day. (NYSE:CRM) has risen 7.78% since October 12, 2016 and is uptrending. It has underperformed by 15.87% the S&P500. Credit Suisse Group AG reissued an "outperform" rating and issued a $136.00 target price (up previously from $128.00) on shares of Norfolk Southern a report on Monday, March 6th. (NYSE:NSC). New York State Common Retirement Fund reported 773,735 shares stake. An increasing ROE indicates that a company is improving its ability to make profit without requiring as much capital. If the $144.36 PT is reached, the company will be worth $3.11 billion more.

Analysts are speculating a 14.44% move, based on the high target price ($153) for the shares that is set to reach in the next 12 months. It has outperformed by 17.62% the S&P500. On average, equities analysts expect that Norfolk Southern Corp. will post $6.35 earnings per share for the current year. Four research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the company's stock. Therefore 19% are positive. About shares traded. Norfolk Southern Corp. The analysts, on average, are forecasting a $128.04 price target, but the stock is already up 48.63% from its recent lows. (NYSE:NSC) has "Underperform" rating given on Thursday, March 23 by RBC Capital Markets. The firm has "Hold" rating by Deutsche Bank given on Monday, October 12. The stock has "Hold" rating by BMO Capital Markets on Thursday, August 10. Hall Laurie J Trustee bought a new stake in shares of Norfolk Southern Corp. during the fourth quarter valued at approximately $100,000. The company was upgraded on Thursday, January 28 by Avondale. The firm earned "Hold" rating on Thursday, June 1 by BMO Capital Markets. The firm has "Sell" rating given on Tuesday, August 29 by RBC Capital Markets. Norfolk Southern Corp. presently has an average rating of "Hold" and an average target price of $106.06. (NYSE:NSC) rating on Wednesday, October 4.

Since May 4, 2017, it had 0 insider buys, and 5 sales for $515,842 activity. Also, VP Thomas E. Hurlbut sold 300 shares of the firm's stock in a transaction on Tuesday, August 29th. STEWART MARTA R had sold 2,093 shares worth $255,304 on Friday, May 26. $117 worth of stock was sold by LOCKHART MICHAEL D on Friday, May 5.

Norfolk Southern Corporation is a holding company engaged in the rail transportation business. The Company's marketed products include EYLEA (aflibercept) Injection, Praluent (alirocumab) Injection, ARCALYST (rilonacept) Injection for Subcutaneous Use, Kevzara (sarilumab) Solution for Subcutaneous Injection and ZALTRAP (ziv-aflibercept) Injection for Intravenous Infusion. As of December 31, 2016, the Company operated approximately 19,500 miles of road primarily in the East and Midwest. It has a 17.96 P/E ratio.

Investors sentiment increased to 0.87 in Q2 2017. Its down 0.17, from 1.4 in 2017Q1.

Norfolk Southern Corporation (NYSE:NSC) ended its day at $133.69 with the rising stream of 1.67% and its total traded volume was 1.23 million shares less than the average volume.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. 199.13 million shares or 0.41% less from 199.95 million shares in 2017Q1 were reported. Steadfast Cap Lp reported 644,498 shares stake. Moreover, Polen Capital Management Llc has 6.81% invested in the company for 1.59 million shares. Cornerstone Prtnrs Lc holds 0.13% of its portfolio in Norfolk Southern Corp. (NYSE:NSC) for 41,041 shares. Vantage Inv Advsrs Llc owns 2,333 shares or 0.08% of their U.S. portfolio. Marshall Wace Limited Liability Partnership stated it has 0.02% of its portfolio in Norfolk Southern Corp. D Orazio & Associates Inc. boosted its position in Norfolk Souther Corporation by 0.5% during the 1st quarter. Nbt Natl Bank N A Ny holds 0.29% of its portfolio in Norfolk Southern Corp. Legal General Grp Incorporated Public Ltd Com owns 1.62M shares. Norfolk Southern Corp.'s revenue was up 6.4% compared to the same quarter a year ago. (NYSE:NSC) rating on Tuesday, July 28. (NYSE:NSC) on strength during trading hours on Tuesday after an insider sold shares in the company.

Analysts await Norfolk Southern Corp. (NYSE:NSC). 4,597 are held by Monarch Management. Fifth Third Commercial Bank holds 97 shares or 0% of its portfolio.

NSC has been the topic of a number of recent research reports. Harfst & Associates Inc. now owns 945 shares of the railroad operator's stock valued at $115,000 after acquiring an additional 350 shares in the last quarter. CRM's profit will be $101.86 million for 173.16 P/E if the $0.14 EPS becomes a reality. After $1.71 actual EPS reported by Norfolk Southern Corp. for the previous quarter, Wall Street now forecasts -5.26% negative EPS growth. (NYSE:NSC) shares with value of $117 were sold by Galanko William Andrew. BlackRock Inc. grew its stake in shares of Norfolk Souther Corporation by 3,039.1% during the first quarter. During the same quarter in the prior year, the company earned $1.36 EPS. Therefore 88% are positive. NN Inc had 11 analyst reports since July 24, 2015 according to SRatingsIntel. The company was maintained on Friday, October 2 by Citigroup. Great West Life Assurance Can holds 332,615 shares. The stock presently has an average rating of Hold and an average target price of $118.38. Bank of America maintained the shares of CRM in report on Saturday, August 22 with "Buy" rating. As per Thursday, November 19, the company rating was maintained by Piper Jaffray. The firm has "Buy" rating by Brean Capital given on Thursday, November 19. The rating was maintained by KeyBanc Capital Markets with "Buy" on Monday, September 18.

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