In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on NSC, TRN, UNP, and WAB which is a click away at www.wallstequities.com/registration. Railroads are part of a broader Freight-Hauling industry that includes truckers, barge operators, and air transporters. The rails haul an estimated 15% of tonnage in America, a fraction of the 70% or so moved by truckers. Ahead of today’s trading session, WallStEquities.com covers the recent performance of Norfolk Southern Corp. (NYSE: NSC), Trinity Industries Inc. (NYSE: TRN), Union Pacific Corp. (NYSE: UNP), and Westinghouse Air Brake Technologies Corp. (NYSE: WAB). Free Downloads on Wall St. Equities today, sign up now and access these stocks’ research reports at: www.wallstequities.com/registration
Virginia-based Norfolk Southern Corp.’s stock finished Wednesday’s session 4.81% higher at $136.41. A total volume of 3.63 million shares was traded, which was above their three months average volume of 1.41 million shares. Over the last month and the previous three months, the Company’s shares have advanced 2.72% and 12.93%, respectively. Additionally, the stock has gained 26.22% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 4.64% and 12.27%, respectively. Moreover, shares of Norfolk Southern have a Relative Strength Index (RSI) of 65.14.
On November 01st, 2017, Norfolk Southern has released its 2017 corporate responsibility report, Strides in Stewardship, highlighting the railroad’s progress in advancing sustainable freight transportation that benefits employees, customers, communities, suppliers, and shareholders. The Company’s 10th annual sustainability report showed how it creates long-term value through sustainable business practices supporting the four pillars of its strategic plan: safety, service, stewardship of resources, and growth.
On November 27th, 2017, research firm Loop Capital downgraded the Company’s stock rating from ‘Hold’ to ‘Sell’. Free Access to this morning’s research report on NSC at: www.wallstequities.com/registration/?symbol=NSC
Shares in Texas headquartered Trinity Industries Inc. rose 0.89%, ending yesterday’s session at $35.29 with a total trading volume of 1.20 million shares. The stock has gained 11.36% in the past month, 22.88% in the previous three months, and 27.13% on an YTD basis. The Company’s shares are trading 6.77% above their 50-day moving average and 22.81% above their 200-day moving average. Moreover, shares of Trinity Industries have an RSI of 68.69.
On November 06th, 2017, research firm Susquehanna upgraded the Company’s stock rating from ‘Neutral’ to ‘Positive’.
On November 14th, 2017, Trinity Industries announced that earlier that day, the US Court of Appeals for the Fifth Circuit, in a per curiam order, denied the Relator’s Petition for Rehearing En Banc in Joshua Harman, on behalf of the US, Plaintiff/Relator v. Trinity Industries, Inc. and Trinity Highway Products, LLC, Defendants. The Company will continue to monitor any pursuit by the Relator of further appellate recourse in this matter. Find your free research report TRN at: www.wallstequities.com/registration/?symbol=TRN
On Wednesday, Nebraska headquartered Union Pacific Corp.’s stock climbed 3.48%, to close the day at $122.94. A total volume of 7.16 million shares was traded, which was above their three months average volume of 3.18 million shares. The Company’s shares have advanced 5.65% in the last one month, 17.15% in the previous three months, and 18.58% on an YTD basis. The stock is trading 6.71% and 12.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Union Pacific have an RSI of 70.75.
On November 13th, 2017, research firm Goldman initiated a ‘Sell’ rating on the Company’s stock, with a target price of $103 per share.
On November 16th, 2017, Union Pacific announced that its Board of Directors voted to increase the quarterly dividend on the Company’s common shares by 10% to 66.5 cents per share. The increased dividend is payable on December 28th, 2017, to shareholders of record as of November 30th, 2017. Sign up today for the free research report on UNP at: www.wallstequities.com/registration/?symbol=UNP
Westinghouse Air Brake Technologies
Shares in Pennsylvania headquartered Westinghouse Air Brake Technologies Corp. (“Wabtec”) ended the day 2.86% higher at $77.00. A total volume of 1.08 million shares was traded, which was above their three months average volume of 711,310 shares. The stock has gained 0.57% in the last one month and 9.34% in the previous three months. The Company’s shares are trading above their 50-day moving average by 1.94%. Furthermore, shares of the Company have an RSI of 58.51.
On November 07th, 2017, Faiveley Transport, a subsidiary of Wabtec, has been awarded contracts worth more than $150 million by RailConnect NSW, a consortium consisting of the Hyundai Rotem Company, UGL Limited and Mitsubishi Electric Australia, to supply a complete range of railway systems and maintenance services for the 56 train sets (512 cars) of the New Intercity Fleet in New South Wales Australia. Sign up today for the free research report on WAB at: www.wallstequities.com/registration/?symbol=WAB
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
View original content:http://www.prnewswire.com/news-releases/free-research-reports-on-these-railroads-stocks—-norfolk-southern-trinity-industries-union-pacific-and-westinghouse-air-brake-technologies-300564232.html
SOURCE Wall St. Equities
To post and circulate your own press release on FIR and the eTN Network please click here