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Norfolk Southern Corp (NSC) receives a Hold rating from Loop Capital

In a filing, Norfolk Southern Corp revealed its Director LAMPHERE GILBERT H acquired Company’s shares for reported $0.16 million on Jan 31 ’25. In the deal valued at $259.86 per share,607 shares were bought. As a result of this transaction, LAMPHERE GILBERT H now holds 2,487 shares worth roughly $0.61 million.

Then, ANDERSON RICHARD H bought 400 shares, generating $99,459 in total proceeds. Upon buying the shares at $248.65, the Director now owns 4,400 shares.

Before that, Clyburn William Jr. bought 201 shares. Norfolk Southern Corp shares valued at $49,930 were divested by the Director at a price of $248.41 per share. As a result of the transaction, Clyburn William Jr. now holds 201 shares, worth roughly $49064.1.

Loop Capital downgraded its Norfolk Southern Corp [NSC] rating to a Hold from a a Buy in a research note published on February 03, 2025; the price target was decreased to $256 from $289. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. TD Cowen also remained covering NSC and reiterated its “Hold” recommendation on July 26, 2024.

Price Performance Review of NSC

On Friday, Norfolk Southern Corp [NYSE:NSC] saw its stock fall -1.48% to $244.10. Over the last five days, the stock has lost -4.64%. Norfolk Southern Corp shares have risen nearly 4.01% since the year began. Nevertheless, the stocks have fallen -5.25% over the past one year. While a 52-week high of $277.60 was reached on 01/29/25, a 52-week low of $206.71 was recorded on 01/02/25. SMA at 50 days reached $246.07, while 200 days put it at $243.08.

Levels Of Support And Resistance For NSC Stock

The 24-hour chart illustrates a support level at 242.05, which if violated will result in even more drops to 239.99. On the upside, there is a resistance level at 247.42. A further resistance level may holdings at 250.74. The Relative Strength Index (RSI) on the 14-day chart is 41.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.27%. Stochastics %K at 17.17% indicates the stock is a buying.

The most recent change occurred on June 07, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $270 price target.

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