Canadian National Railway (NYSE: CNI) had its price target lifted by BMO Capital Markets from $96.00 to $100.00 in a research note released on Tuesday morning.
Canadian National Railway opened at 100.80 on Tuesday. Canadian National Railway has a 1-year low of $75.47 and a 1-year high of $103.70. The stock’s 50-day moving average is currently $97.50. The company has a market cap of $43.183 billion and a price-to-earnings ratio of 16.16.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 28th. Shareholders of record on Thursday, March 7th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, March 5th.
CNI has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their EPS on shares of Canadian National Railway in a research note to investors on Wednesday, January 23rd. They now have an underperform rating and a $84.00 price target on the stock. They previously had a $79.00 price target on the stock. Separately, analysts at TD Securities downgraded shares of Canadian National Railway from a buy rating to a hold rating in a research note to investors on Wednesday, January 23rd. Finally, analysts at Barclays Capital upgraded shares of Canadian National Railway from an underweight rating to an equal weight rating in a research note to investors on Monday, January 7th. They now have a $102.00 price target on the stock, up previously from $92.00.
Four analysts have rated the stock with a buy rating, one has assigned an overweight rating, twenty-four have issued a hold rating, and two have assigned a sell rating to the company. The company presently has an average rating of hold and a consensus target price of $96.81.
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