Canadian National Railway (TSE:CNR) Given a C$170.00 Price Target at Scotiabank

Scotiabank set a C$170.00 price objective on Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) in a research report released on Monday morning, BayStreet.CA reports.

Other research analysts have also recently issued research reports about the stock. Susquehanna Bancshares reaffirmed a hold rating and issued a C$149.50 price objective on shares of Canadian National Railway in a report on Wednesday, September 28th. CIBC reduced their price target on Canadian National Railway from C$182.00 to C$181.00 and set a neutral rating for the company in a report on Wednesday, January 18th. UBS Group boosted their price objective on Canadian National Railway from C$175.00 to C$184.00 in a research report on Wednesday, October 26th. Barclays increased their target price on Canadian National Railway from C$150.00 to C$160.00 in a research report on Wednesday, October 26th. Finally, JPMorgan Chase & Co. cut their price target on shares of Canadian National Railway from C$174.00 to C$165.00 in a report on Wednesday, December 21st. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Canadian National Railway currently has a consensus rating of Hold and an average target price of C$159.69.

Canadian National Railway Stock Up 0.2 %

Canadian National Railway stock opened at C$165.32 on Monday. The business’s 50-day moving average price is C$166.40 and its 200 day moving average price is C$159.86. The company has a quick ratio of 0.58, a current ratio of 1.01 and a debt-to-equity ratio of 71.59. The firm has a market cap of C$112.07 billion and a price-to-earnings ratio of 22.71. Canadian National Railway has a 52 week low of C$137.26 and a 52 week high of C$175.39.

Canadian National Railway (TSE:CNR – Get Rating) (NYSE:CNI) last issued its quarterly earnings data on Tuesday, October 25th. The company reported C$2.13 EPS for the quarter, topping analysts’ consensus estimates of C$2.02 by C$0.11. The firm had revenue of C$4.51 billion for the quarter, compared to analyst estimates of C$4.34 billion. As a group, sell-side analysts anticipate that Canadian National Railway will post 8.0699997 earnings per share for the current year.

Insider Buying and Selling at Canadian National Railway

In other news, Senior Officer Donald K. Reardon sold 9,280 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of C$168.25, for a total transaction of C$1,561,341.33. Following the transaction, the insider now owns 20,531 shares of the company’s stock, valued at approximately C$3,454,299.44.

About Canadian National Railway

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Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business. The company's portfolio of goods includes petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal, and automotive products serving exporters, importers, retailers, farmers, and manufacturers.