Norfolk Southern Corp (NYSE: NSC) stock enjoyed a major increase of 10.9% on 7/26/24. The shares closed at $247.22. Moreover, this advance was accompanied by exceptionally high trading volume at 256% of normal. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
NSC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Norfolk Southern has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Norfolk Southern has a poor Appreciation Score of 25 but a neutral Power Rating of 55, with the Negative Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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