Canadian National Railway (TSE:CNR) Price Target Cut to C$202.00 by Analysts at UBS Group

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price decreased by UBS Group from C$205.00 to C$202.00 in a research note released on Wednesday morning, BayStreet.CA reports.

Several other equities analysts have also commented on CNR. Scotiabank increased their price objective on Canadian National Railway from C$173.00 to C$184.00 and gave the company a sector perform rating in a research report on Monday, March 25th. TD Securities increased their price objective on Canadian National Railway from C$180.00 to C$185.00 and gave the company a hold rating in a research report on Wednesday, January 24th. ATB Capital increased their price objective on Canadian National Railway from C$165.00 to C$180.00 and gave the company a sector perform rating in a research report on Wednesday, January 24th. National Bankshares increased their price objective on Canadian National Railway from C$172.00 to C$190.00 in a research report on Thursday, April 4th. Finally, Veritas Investment Research lowered Canadian National Railway from a buy rating to a reduce rating and set a C$168.00 price objective on the stock. in a research report on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Hold and an average target price of C$184.50.

Canadian National Railway Stock Performance

TSE:CNR opened at C$168.35 on Wednesday. The business’s 50-day moving average price is C$176.07 and its two-hundred day moving average price is C$165.60. Canadian National Railway has a twelve month low of C$143.13 and a twelve month high of C$181.34. The stock has a market cap of C$107.78 billion, a P/E ratio of 19.74, a PEG ratio of 2.06 and a beta of 0.65. The company has a quick ratio of 0.58, a current ratio of 0.61 and a debt-to-equity ratio of 93.89.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 earnings per share for the quarter, beating the consensus estimate of C$1.96 by C$0.06. Canadian National Railway had a return on equity of 27.11% and a net margin of 33.43%. The firm had revenue of C$4.47 billion for the quarter, compared to analysts’ expectations of C$4.38 billion. As a group, equities analysts predict that Canadian National Railway will post 8.0140399 EPS for the current fiscal year.

Insider Buying and Selling

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 488 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were purchased at an average cost of C$177.40 per share, for a total transaction of C$86,571.20. In other news, Senior Officer Derek Michael Taylor sold 2,610 shares of Canadian National Railway stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of C$131.26, for a total value of C$342,577.38. Also, Director Shauneen Elizabeth Bruder acquired 488 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was acquired at an average price of C$177.40 per share, for a total transaction of C$86,571.20. 1.67% of the stock is owned by corporate insiders.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.