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What To Expect From Norfolk Southern's Q2?
SOSouthern Company(SO) Forbes·2024-07-23 16:30

SOPA Images/LightRocket via Getty Images Given the current uncertain macroeconomic environment with high oil prices and elevated interest rates, could NSC face a similar situation as it did in 2021 and 2023 and underperform the S&P over the next 12 months – or will it see a recovery? From a valuation perspective, NSC stock looks like it has room for growth. We estimate Norfolk Southern's Valuation to be 263pershare,reflectingroughly15263 per share, reflecting roughly 15% upside from its current levels of 230. This represents a 22x P/E ...