Alert: Positive Investment/Fundamental Signals (11/20/23)-Norfolk Southern Corp (NYSE: NSC)


Recent exceptional positive changes in investment behavior have benefitted Norfolk Southern Corp (NYSE: NSC): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Norfolk Southern Corp (NYSE: NSC) has benefited from slight positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

NSC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Norfolk Southern has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Norfolk Southern has a poor Appreciation Score of 29 but a neutral Power Rating of 53, resulting in the Negative Value Trend Rating.

Recent Price Action

Norfolk Southern Corp (NYSE: NSC) stock rose modestly by 0.5% on 11/20/23. The stock closed at $212.12. The stock has risen 7.7% during the last week and has performed in line with the market over the last nine months.

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