Cowen Group Boosts Numbers on Norfolk Southern (NSC)

Analysts at Cowen increased earning estimates on railroad transporter Norfolk Southern Corp. (NSC) on Tuesday due to better-than-expected traffic and operational metrics.

The analysts also raised the price target on NSC to $85. That target suggests a 13% upside to Monday’s closing price of $75.11.

Norfolk Southern shares were up 58 cents, or +0.77%, during morning trading on Tuesday. The stock is up +10.67% over the past twelve months.

The Bottom Line
Shares of Norfolk Southern (NSC) have a dividend yield of 2.63% based on Tuesday’s intraday trading price of $75.92 and the company’s annualized dividend payout of $2.00 per share.

Norfolk Southern Corp. (NSC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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