Norfolk Southern traded at $317.44 this Friday October 2nd, increasing $7.18 or 2.31 percent since the previous trading session. Looking back, over the last four weeks, Norfolk Southern gained 3.17 percent. Over the last 12 months, its price rose by 5.76 percent. Looking ahead, we forecast Norfolk Southern to be priced at 310.55 by the end of this quarter and at 290.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Norfolk Southern Corporation is a holding company. The Company is engaged in the rail transportation of raw materials, intermediate products and finished goods. It offers its services in the Southeast, East and Midwest. The Company, through interchange with rail carriers, to and from the rest of the United States. It also transports overseas freight through various Atlantic and Gulf Coast ports. The Company provides logistics services and offers the intermodal network in the eastern half of the United States. The Company's system reaches various manufacturing plants, electric generating facilities, mines, distribution centers, transload facilities, and other businesses located in its service area.