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Norfolk Southern (NSC) Stock Forecast & Price Target

$226.78
-1.25 (-0.55%)
(As of 10:56 AM ET)

Norfolk Southern - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 17 Wall Street analysts who have issued ratings for Norfolk Southern in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a sell rating, 4 have given a hold rating, and 12 have given a buy rating for NSC.

Consensus Price Target

$263.53
16.20% Upside
High Forecast$300.00
Average Forecast$263.53
Low Forecast$175.00

According to the 17 analysts' twelve-month price targets for Norfolk Southern, the average price target is $263.53. The highest price target for NSC is $300.00, while the lowest price target for NSC is $175.00. The average price target represents a forecasted upside of 16.20% from the current price of $226.78.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
13 Buy rating(s)
13 Buy rating(s)
14 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
11 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$263.53$264.56$262.74$243.75
Forecasted Upside16.20% Upside10.11% Upside8.98% Upside10.92% Upside
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NSC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NSC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Norfolk Southern Stock vs. The Competition

TypeNorfolk SouthernTransportation CompaniesS&P 500
Consensus Rating Score
2.65
2.53
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside16.14% Upside34.06% Upside9.55% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetHold ➝ Hold$241.00 ➝ $239.00+2.06%
7/8/2024Sanford C. Bernstein
3 of 5 stars
 Lower TargetOutperform ➝ Outperform$288.00 ➝ $285.00+33.36%
7/8/2024Morgan Stanley
3 of 5 stars
 Reiterated RatingUnderweight$175.00-18.93%
6/25/2024Wells Fargo & Company
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C. Wetherbee
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Lower TargetOverweight ➝ Overweight$270.00 ➝ $260.00+25.00%
6/25/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$265.00 ➝ $245.00+12.04%
5/23/2024Royal Bank of Canada
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 UpgradeSector Perform ➝ Outperform$270.00+17.08%
5/13/2024Barclays
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 Lower TargetOverweight ➝ Overweight$305.00 ➝ $275.00+18.91%
4/25/2024UBS Group
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 Lower TargetBuy ➝ Buy$302.00 ➝ $294.00+24.68%
4/25/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$277.00+18.75%
4/18/2024Loop Capital
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 Boost TargetBuy ➝ Buy$261.00 ➝ $270.00+10.92%
4/9/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$240.00 ➝ $275.00+9.89%
4/8/2024Jefferies Financial Group
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 Initiated CoverageBuy$300.00+19.99%
3/21/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$252.00 ➝ $283.00+9.11%
3/21/2024TD Cowen
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 Boost TargetMarket Perform ➝ Market Perform$236.00 ➝ $253.00-3.15%
2/8/2024Citigroup
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 Boost TargetBuy ➝ Buy$253.00 ➝ $286.00+13.11%
1/29/2024BMO Capital Markets
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 Lower TargetMarket Perform ➝ Market Perform$250.00 ➝ $245.00+4.99%
12/1/2023Bank of America
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 UpgradeNeutral ➝ Buy$204.00 ➝ $248.00+13.68%
7/11/2023Vertical Research
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 UpgradeHold ➝ Buy$260.00+13.57%
5/17/2023Evercore ISI
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 UpgradeIn-Line ➝ Outperform$242.00+13.90%
4/27/2023VNET Group
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 Reiterated RatingMaintains
3/20/2023Deutsche Bank Aktiengesellschaft
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 Lower Target$266.00 ➝ $258.00+25.31%
3/15/2023Argus
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 DowngradeBuy ➝ Hold
2/21/2023Wolfe Research
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 UpgradePeer Perform ➝ Outperform$255.00+11.77%
1/26/2023Cowen
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 Boost TargetOutperform$256.00 ➝ $259.00+6.60%
1/26/2023Credit Suisse Group
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 Lower TargetOutperform$285.00 ➝ $275.00+13.18%
10/27/2022Cowen
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 Lower Target$247.00 ➝ $243.00+7.49%
10/27/2022Stephens
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 Boost TargetEqual Weight$225.00 ➝ $230.00+1.79%
10/27/2022Susquehanna Bancshares
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 Boost Target$218.00 ➝ $220.00-0.95%
10/13/2022TD Securities
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 DowngradeBuy ➝ Hold
10/7/2022Robert W. Baird
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 DowngradeOutperform ➝ Neutral$280.00 ➝ $240.00+9.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:14 AM ET.

NSC Forecast - Frequently Asked Questions

What is Norfolk Southern's forecast for 2024?

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Norfolk Southern is $263.53, with a high forecast of $300.00 and a low forecast of $175.00.

Should I buy or sell Norfolk Southern stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Norfolk Southern in the last year. There is currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NSC shares.

Does Norfolk Southern's stock price have much upside?

According to analysts, Norfolk Southern's stock has a predicted upside of 12.28% based on their 12-month stock forecasts.

Has Norfolk Southern been upgraded by Wall Street analysts recently?

Over the previous 90 days, Norfolk Southern's stock had 1 upgrade by analysts.

What analysts cover Norfolk Southern?

Norfolk Southern has been rated by research analysts at Barclays, Benchmark, Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Norfolk Southern more than its competitors?

Analysts like Norfolk Southern more than other "transportation" companies. The consensus rating score for Norfolk Southern is 2.65 while the average consensus rating score for "transportation" companies is 2.53. Learn more on how NSC compares to other companies.


This page (NYSE:NSC) was last updated on 7/23/2024 by MarketBeat.com Staff

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