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

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price raised by investment analysts at TD Securities from C$185.00 to C$190.00 in a research note issued to investors on Wednesday, BayStreet.CA reports. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price points to a potential upside of 11.50% from the stock’s current price.

CNR has been the topic of several other reports. UBS Group reduced their target price on Canadian National Railway from C$205.00 to C$202.00 in a report on Wednesday. Desjardins lifted their target price on Canadian National Railway from C$189.00 to C$195.00 and gave the stock a “buy” rating in a report on Friday, April 12th. BMO Capital Markets lifted their target price on Canadian National Railway from C$185.00 to C$195.00 in a report on Monday, April 1st. Veritas Investment Research lowered Canadian National Railway from a “buy” rating to a “reduce” rating and set a C$168.00 price target for the company. in a research report on Wednesday, January 24th. Finally, Sanford C. Bernstein lifted their price target on Canadian National Railway from C$191.00 to C$195.00 and gave the stock an “outperform” rating in a research report on Monday, April 15th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Canadian National Railway has a consensus rating of “Hold” and a consensus price target of C$184.50.

Canadian National Railway Price Performance

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

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

Insiders Place Their Bets

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder purchased 488 shares of the company’s stock in a transaction on 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. In other news, Director Shauneen Elizabeth Bruder bought 488 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was purchased at an average price of C$177.40 per share, for a total transaction of C$86,571.20. Also, Senior Officer Derek Michael Taylor sold 2,610 shares of the business’s 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. 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.