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Analysts Offer Insights on Industrial Goods Companies: Norfolk Southern (NSC) and Graincorp Limited Class A (OtherGRCLF)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Norfolk Southern (NSCResearch Report) and Graincorp Limited Class A (GRCLFResearch Report).

Norfolk Southern (NSC)

In a report released yesterday, Walter Spracklin from RBC Capital maintained a Hold rating on Norfolk Southern, with a price target of $210.00. The company’s shares closed last Wednesday at $218.16.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 16.7% and a 65.1% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, GFL Environmental, and Waste Connections.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Norfolk Southern with a $239.10 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Graincorp Limited Class A (GRCLF)

In a report issued on June 6, Owen Birrell from RBC Capital maintained a Sell rating on Graincorp Limited Class A, with a price target of A$8.50. The company’s shares closed last Tuesday at $5.20.

According to TipRanks.com, Birrell is a 3-star analyst with an average return of 2.7% and a 55.8% success rate. Birrell covers the Industrial Goods sector, focusing on stocks such as Cleanaway Waste Management Ltd., Qantas Airways Limited, and Brambles Limited.

Currently, the analyst consensus on Graincorp Limited Class A is a Hold with an average price target of $5.62.

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