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We estimate Norfolk Southern’s Valuation to be $230 per share, reflecting more than 15% upside from its current levels of $195. This represents a 19x P/E multiple for NSC based on earnings ...
Norfolk Southern stock (NYSE: NSC) currently trades at $223 per share, around 25% below its level of $298 on Jan 2, 2022 (pre-inflation shock high), and it seems like it has little room for growth.
Going by our revised Norfolk Southern Valuation of $290 per share, based on expected adjusted EPS of $11.50 for full year 2021 and a P/E multiple of 25x, there is over 5% upside potential for NSC ...
The business news last week was the announcement of a potential merger of two giant railroads. Union Pacific is considering acquiring or merging with Norfolk Southern. This could have potential impact ...
CSX’s stock has been upgraded at TD Cowen, which sees the railroad operating benefiting from consolidation in the rail sector.
Norfolk Southern (NYSE: NSC) has seen its stock price rise 43% over the last one year, outperforming the broader markets, with the S&P500 up 32%. The company witnessed a decline in total volume of ...
Norfolk Southern is a class I railroad that's been out of favor due to weaker margins and a train derailment that has cost them nearly $2 billion. Read more here.
Norfolk Southern is working on a rebound after correcting by roughly 15% in recent months. The stock suffered from rising supply chain issues, which is hurting intermodal shipments.
Norfolk Southern (NSC 1.64%) hauls America's freight throughout the Eastern U.S., delivering more than 7 million carloads a year. Its stock reached an all-time high just shy of $300 a year ago ...
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