On Oct 23, major Wall Street analysts update their ratings for $Norfolk Southern (NSC.US)$, with price targets ranging from $175 to $302.
Morgan Stanley analyst Ravi Shanker maintains with a sell rating, and maintains the target price at $175.
Goldman Sachs analyst Jordan Alliger maintains with a buy rating, and adjusts the target price from $292 to $301.
J.P. Morgan analyst Brian Ossenbeck maintains with a buy rating, and adjusts the target price from $283 to $288.
BofA Securities analyst Ken Hoexter maintains with a buy rating, and sets the target price at $291.
Citi analyst Ariel Rosa maintains with a buy rating, and adjusts the target price from $294 to $302.
Furthermore, according to the comprehensive report, the opinions of $Norfolk Southern (NSC.US)$'s main analysts recently are as follows:
The company delivered a comparatively positive earnings report. Despite several challenges expected to affect Q4 margins, there is a vision for significant enhancements in profitability by 2025, which correlates with a compelling equity value.
The company is positioned to enhance margins significantly compared to other Class 1 railways in the near to medium term as it starts from a lower base relative to its peers. The recent sequential margin improvements are indicative of a positive trend. Additionally, the recent increase in carloads and the expected narrowing of the operating ratio gap across its Eastern network geographies signify further operational advancements.
Norfolk Southern's Q3 adjusted EPS observed a 23% increase year over year, surpassing Street estimates. The company also reaffirmed its full year operating ratio goal of 66%, despite a decrease in its 2024 revenue growth forecast to 1% year over year from the previous 3%. It is anticipated that Norfolk Southern will boost earnings through productivity enhancements.
Following the release of quarterly results, there is a positive outlook on Norfolk Southern's operational performance. The company is making notable progress in areas where it had faced challenges, particularly in the implementation of precision scheduled railroading, which is contributing to better efficiency and improved margins. It is observed that achieving an operating ratio under 60 remains a realistic target for the company, assuming macroeconomic support. It's also indicated that the impressive operating ratio this quarter may have been influenced by a combination of volume growth and operational leverage effects.
The company's Q3 earnings surpassed expectations, showcasing its effective cost-saving measures and indicating that Norfolk Southern is experiencing a structural shift in cost management. Relative to its peers, with one having faced a tougher quarter, the company's Q3 performance is particularly commendable.
Here are the latest investment ratings and price targets for $Norfolk Southern (NSC.US)$ from 14 analysts:
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美東時間10月23日，多家華爾街大行更新了$諾福克南方 (NSC.US)$的評級，目標價介於175美元至302美元。
摩根士丹利分析師Ravi Shanker維持賣出評級，維持目標價175美元。
高盛集團分析師Jordan Alliger維持買入評級，並將目標價從292美元上調至301美元。
摩根大通分析師Brian Ossenbeck維持買入評級，並將目標價從283美元上調至288美元。
美銀證券分析師Ken Hoexter維持買入評級，目標價291美元。
花旗分析師Ariel Rosa維持買入評級，並將目標價從294美元上調至302美元。
此外，綜合報道，$諾福克南方 (NSC.US)$近期主要分析師觀點如下：
公司發佈了相對積極的收益報告。儘管預計會面臨一些挑戰影響第四季度的利潤率，但到2025年，將有望實現利潤的顯著提升，這與有吸引力的股權價值相關。
該公司有望在短期和中期內顯着增加利潤率，相對於同行，由於基數較低，其序列邊際改善最近呈現積極趨勢。此外，最近的運量增加和東部網絡地理區域的運營比率差異預期縮小，表明進一步的運營進展。
諾福克南方的第三季度調整後的每股收益同比增長了23％，超過了街頭預期。儘管2024年營業收入增長預期從之前的3%減至1%，該公司仍然重申全年營業比率目標爲66％。預計諾福克南方將通過提高生產效率來推動盈利。
季度業績公佈後，人們對諾福克南方的運營業績持積極態度。公司在曾面臨挑戰的領域取得了顯著進展，特別是在實施精確預定的鐵路作業方面，這有助於提高效率和改善利潤率。觀察到，假設有宏觀經濟支持，公司實現低於60的營業比率仍然是一個現實目標。還指出，本季度令人印象深刻的營業比率可能受到成交量增長和運營槓桿效應的影響。
公司的第三季度收益超出預期，展示了其有效的節約成本措施，並表明諾福克南方正在經歷成本管理方面的結構性轉變。相對於同行，其中一家公司面臨更艱難的一個季度，該公司第三季度的表現尤爲可敬。
以下爲今日14位分析師對$諾福克南方 (NSC.US)$的最新投資評級及目標價：
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