Canadian National Railway (TSE:CNR) PT Raised to C$190.00

Canadian National Railway (TSE:CNRGet Rating) (NYSE:CNI) had its price objective raised by Raymond James from C$175.00 to C$190.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

A number of other equities research analysts have also issued reports on CNR. UBS Group upped their price target on Canadian National Railway from C$175.00 to C$184.00 in a research report on Wednesday, October 26th. JPMorgan Chase & Co. dropped their price target on Canadian National Railway from C$174.00 to C$165.00 in a research report on Wednesday, December 21st. Susquehanna Bancshares restated a hold rating and issued a C$149.50 price target on shares of Canadian National Railway in a research report on Wednesday, September 28th. Atb Cap Markets restated a sector perform rating on shares of Canadian National Railway in a research report on Tuesday, December 20th. Finally, Scotiabank set a C$170.00 price objective on Canadian National Railway in a research report on Monday. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of Hold and a consensus target price of C$161.14.

Canadian National Railway Price Performance

Shares of Canadian National Railway stock opened at C$165.91 on Tuesday. The business has a 50 day simple moving average of C$166.50 and a two-hundred day simple moving average of C$160.00. Canadian National Railway has a 12 month low of C$137.26 and a 12 month high of C$175.39. The stock has a market capitalization of C$112.47 billion and a P/E ratio of 22.79. The company has a debt-to-equity ratio of 71.59, a current ratio of 1.01 and a quick ratio of 0.58.

Canadian National Railway (TSE:CNRGet Rating) (NYSE:CNI) last posted its quarterly earnings results on Tuesday, October 25th. The company reported C$2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$2.02 by C$0.11. The company had revenue of C$4.51 billion during the quarter, compared to analysts’ expectations of C$4.34 billion. As a group, analysts predict that Canadian National Railway will post 8.0699997 EPS for the current fiscal year.

Insider Activity

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

Canadian National Railway Company Profile

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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.

Further Reading

Analyst Recommendations for Canadian National Railway (TSE:CNR)

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