Is Wall Street Bullish or Bearish on Norfolk Southern Stock?

Valued at a market cap of $63.7 billion, Norfolk Southern Corporation (NSC) is a transportation company which provides rail freight services. The Atlanta, Georgia-based company’s network plays a critical role in supply chains for industries like agriculture, consumer goods, automotive, chemicals, metals and construction materials. 

Shares of this railroad company have lagged behind the broader market over the past 52 weeks. NSC has gained 7.7% over this time frame, while the broader S&P 500 Index ($SPX) has soared 13.7%. However, on a YTD basis, the stock is up 19.9%, outpacing SPX’s 13.4% return.