Canadian National Railway (TSE:CNR) PT Raised to C$172.00 at Royal Bank of Canada

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective upped by equities research analysts at Royal Bank of Canada from C$171.00 to C$172.00 in a report issued on Wednesday, BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 0.94% from the stock’s previous close.

CNR has been the topic of a number of other reports. ATB Capital increased their price target on shares of 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. TD Securities increased their price objective on Canadian National Railway from C$185.00 to C$190.00 and gave the company a “hold” rating in a research note on Wednesday. UBS Group dropped their price objective on Canadian National Railway from C$205.00 to C$202.00 in a research note on Wednesday. Raymond James increased their price objective on Canadian National Railway from C$185.00 to C$190.00 and gave the company an “outperform” rating in a research note on Monday. Finally, Veritas Investment Research lowered Canadian National Railway from a “buy” rating to a “reduce” rating and set a C$168.00 price objective for the company. in a research note on Wednesday, January 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of C$184.50.

Canadian National Railway Trading Up 1.2 %

Shares of Canadian National Railway stock opened at C$170.40 on Wednesday. Canadian National Railway has a 12-month low of C$143.13 and a 12-month high of C$181.34. The company has a market cap of C$109.10 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 2.06 and a beta of 0.65. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 93.89. The company’s 50-day moving average price is C$175.98 and its 200-day moving average price is C$165.64.

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

Insiders Place Their Bets

In other news, Director Shauneen Elizabeth Bruder purchased 6,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were acquired at an average price of C$168.44 per share, with a total value of C$1,010,640.00. In other news, Senior Officer Derek Michael Taylor sold 2,610 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of C$131.26, for a total transaction of C$342,577.38. Also, Director Shauneen Elizabeth Bruder purchased 6,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were purchased at an average cost of C$168.44 per share, for a total transaction of C$1,010,640.00. Company insiders own 1.67% of the company’s stock.

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.