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Norfolk Southern Corporation (NYSE:NSC)’s stock reached a significant milestone, hitting a 52-week high of $278.00, with the transportation giant now commanding a market capitalization of $60.8 billion. According to InvestingPro data, the company boasts an impressive gross profit margin of 49.5% and has maintained dividend payments for 44 consecutive years. This achievement reflects a robust performance over the past year, during which the stock has experienced a notable increase of 18.36%. The company’s recent financial strategies and operational efficiencies have likely contributed to this upward trajectory, attracting investor confidence and driving the stock to its current high. As Norfolk Southern continues to navigate the complexities of the transportation sector, market watchers will be keen to see if this momentum can be sustained. Analyst targets range from $174 to $305, with InvestingPro offering 12 additional key insights about the company’s valuation and growth prospects through its comprehensive Pro Research Report, available to subscribers.
In other recent news, Norfolk Southern Corporation has been the focus of several significant developments. The company announced the results of its 2025 Annual Meeting of Shareholders, where thirteen directors were elected to one-year terms, and KPMG LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Shareholders also approved the executive compensation plan on an advisory basis. In terms of leadership changes, Norfolk Southern revealed that Chairman Claude Mongeau resigned from the Board of Directors, with a new chair to be elected at the upcoming board meeting in June.
On the financial analysis front, BofA Securities raised its price target for Norfolk Southern to $305, maintaining a Buy rating due to increased potential for mergers and acquisitions in the U.S. railroad sector. In contrast, Citi downgraded Norfolk Southern from Buy to Neutral, citing concerns about elevated valuations, although it raised the price target to $288. Goldman Sachs also downgraded the stock to Neutral, maintaining a price target of $278, while highlighting potential risks such as macroeconomic growth and sector volatility. These analyst actions reflect differing perspectives on the company’s valuation and future performance.
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