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Norfolk Southern (NSC) Stock Forecast & Price Target

$224.43
+3.75 (+1.70%)
(As of 05/31/2024 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

Moderate Buy
Based on 18 Analyst Ratings

Consensus Price Target

$261.78
16.64% Upside
High Forecast$300.00
Average Forecast$261.78
Low Forecast$175.00
TypeCurrent Forecast
6/2/23 to 6/1/24
1 Month Ago
5/3/23 to 5/2/24
3 Months Ago
3/4/23 to 3/3/24
1 Year Ago
6/2/22 to 6/2/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
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
13 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
13 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
7 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$261.78$262.32$242.31$242.48
Forecasted Upside16.64% Upside9.65% Upside6.81% Upside10.95% 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
2.67
2.52
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside16.64% Upside28.83% Upside9.91% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
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%
4/12/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$233.00 ➝ $244.00-2.29%
4/10/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$270.00 ➝ $265.00+4.58%
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%
1/29/2024Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight$185.00 ➝ $175.00-25.30%
1/22/2024Sanford C. Bernstein
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 UpgradeMarket Perform ➝ Outperform$272.00+16.21%
12/1/2023Bank of America
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 UpgradeNeutral ➝ Buy$204.00 ➝ $248.00+13.68%
10/26/2023Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$245.00 ➝ $220.00+17.26%
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 Saturday at 08:58 AM ET.

NSC Frequently Asked Questions

What is Norfolk Southern's stock forecast and purchase recommendation?

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Norfolk Southern is $261.78, with a high forecast of $300.00 and a low forecast of $175.00. The consensus rating for Norfolk Southern stock is Moderate Buy based on the current 1 sell rating, 4 hold ratings and 13 buy ratings for NSC. Learn more on NSC's analyst rating history.

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 2.67 while the average consensus rating score for "transportation" companies is 2.52. Learn more on how NSC compares to other companies.

Is Norfolk Southern being upgraded by Wall Street analysts?

Over the previous 90 days, Norfolk Southern's stock had 2 upgrades by analysts.

Does Norfolk Southern's stock price have much upside?

According to analysts, Norfolk Southern's stock has a predicted upside of 9.90% based on their 12-month stock forecasts.

What analysts cover Norfolk Southern?

Stock Forecasts and Research Tools

This page (NYSE:NSC) was last updated on 6/1/2024 by MarketBeat.com Staff

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