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Norfolk Southern (NSC) Receives a Buy from Barclays

Tipranks - Tipranks - Sat Mar 28, 3:12AM CDT

In a report released today, Brandon Oglenski from Barclays maintained a Buy rating on Norfolk Southern, with a price target of $320.00.

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Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, Delta Air Lines, and United Airlines Holdings. According to TipRanks, Oglenski has an average return of 4.7% and a 47.98% success rate on recommended stocks.

Currently, the analyst consensus on Norfolk Southern is a Moderate Buy with an average price target of $315.33.

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Based on Norfolk Southern’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.97 billion and a net profit of $644 million. In comparison, last year the company earned a revenue of $3.02 billion and had a net profit of $733 million

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