Citigroup Increases Norfolk Southern (NYSE:NSC) Price Target to $335.00

Norfolk Southern (NYSE:NSC) had its price objective raised by equities researchers at Citigroup from $313.00 to $335.00 in a report issued on Friday,MarketScreener reports. Citigroup’s price target points to a potential upside of 4.66% from the company’s previous close.

Several other brokerages also recently weighed in on NSC. Jefferies Financial Group cut their price objective on shares of Norfolk Southern from $350.00 to $310.00 and set a “hold” rating on the stock in a research report on Monday, April 6th. Argus upgraded shares of Norfolk Southern to a “hold” rating in a research report on Wednesday, February 25th. Benchmark restated a “hold” rating on shares of Norfolk Southern in a research note on Friday, January 30th. Evercore set a $325.00 price target on Norfolk Southern in a report on Friday. Finally, Zacks Research upgraded Norfolk Southern from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Seven equities research analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $315.61.

Norfolk Southern Price Performance

Shares of NYSE NSC opened at $320.08 on Friday. Norfolk Southern has a 1-year low of $218.05 and a 1-year high of $323.37. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.85 and a quick ratio of 0.78. The business’s fifty day moving average price is $299.61 and its two-hundred day moving average price is $293.72. The firm has a market capitalization of $78.37 billion, a PE ratio of 25.10, a P/E/G ratio of 5.92 and a beta of 1.31.

Norfolk Southern (NYSE:NSC) last announced its quarterly earnings results on Friday, April 24th. The railroad operator reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.49 by $0.16. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $3.13 billion. Norfolk Southern had a net margin of 23.59% and a return on equity of 18.78%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.69 earnings per share. On average, research analysts expect that Norfolk Southern will post 12.14 EPS for the current year.

Hedge Funds Weigh In On Norfolk Southern

Several hedge funds have recently modified their holdings of the company. ORG Partners LLC lifted its holdings in shares of Norfolk Southern by 75.0% in the third quarter. ORG Partners LLC now owns 84 shares of the railroad operator’s stock valued at $25,000 after buying an additional 36 shares during the period. JPL Wealth Management LLC bought a new position in Norfolk Southern during the third quarter valued at about $25,000. Westside Investment Management Inc. grew its holdings in Norfolk Southern by 207.1% during the third quarter. Westside Investment Management Inc. now owns 86 shares of the railroad operator’s stock worth $26,000 after acquiring an additional 58 shares during the period. BNP Paribas bought a new stake in Norfolk Southern in the second quarter worth about $26,000. Finally, GoalVest Advisory LLC raised its position in Norfolk Southern by 933.3% in the fourth quarter. GoalVest Advisory LLC now owns 93 shares of the railroad operator’s stock worth $27,000 after acquiring an additional 84 shares in the last quarter. 75.10% of the stock is currently owned by institutional investors and hedge funds.

Key Norfolk Southern News

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: TD Cowen reiterated a Buy, citing cost discipline, productivity gains and improving intermodal trends that support longer‑term revenue and margin recovery. Norfolk Southern: Cost Discipline, Productivity Gains, and Improving Intermodal Trends Support Buy Rating
• Positive Sentiment: Norfolk Southern beat some sell‑side estimates (Zacks consensus) on Q1 earnings per share, showing operational resilience despite a tougher cost backdrop. Norfolk Southern (NSC) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company declared a $1.35 quarterly dividend, supporting total shareholder return and income investors. Norfolk Southern Declares Quarterly Dividend
• Neutral Sentiment: Susquehanna raised its price target to $330 but kept a Neutral rating, signaling modest upside recognition without a conviction upgrade. Susquehanna adjusts price target on Norfolk Southern to $330 from $305; maintains neutral rating
• Neutral Sentiment: Company materials and the earnings‑call transcript provide operational detail (operating ratio, segment trends and slide deck) investors can use to model recovery timing. Norfolk Southern Corporation (NSC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Fuel costs and other expense increases materially pressured profit; Reuters/Benzinga coverage notes first‑quarter profit slipped as fuel and incident/merger costs rose, creating near‑term margin headwinds. Norfolk Southern Is Managing ‘Dramatic Rise In Fuel’ Cost
• Negative Sentiment: Results were mixed versus the broader Street: revenue was essentially flat year‑over‑year and NSC missed some consensus figures, which helps explain intraday downward pressure despite selective beats. Norfolk Southern first-quarter profit slips as fuel and costs rise

About Norfolk Southern

Norfolk Southern Corporation is a major U.S. freight railroad company that provides rail transportation and related logistics services. As a Class I carrier, the company operates an extensive network across the eastern United States and offers scheduled freight service for a broad range of industries. Its core operations include long-haul and regional rail freight transportation, intermodal services that move containers and trailers between rail and other modes, and terminal and switching services that support efficient rail shipments for industrial and port customers.

The company transports a variety of commodities, serving sectors such as coal and energy, automotive and automotive parts, chemicals, agriculture, metals and construction materials, and consumer goods.