Canadian National Railway (TSE:CNR) PT Raised to C$126.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its price objective raised by Citigroup from C$125.00 to C$126.00 in a report released on Wednesday, BayStreet.CA reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential downside of 17.93% from the stock’s current price.

A number of other analysts have also weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of Canadian National Railway from C$176.00 to C$169.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 8th. National Bankshares decreased their target price on Canadian National Railway from C$181.00 to C$178.00 and set an “outperform” rating on the stock in a research report on Wednesday. ATB Capital lifted their price objective on Canadian National Railway from C$167.00 to C$168.00 in a report on Wednesday. Barclays dropped their target price on shares of Canadian National Railway from C$165.00 to C$162.00 and set a “hold” rating for the company in a report on Wednesday, September 25th. Finally, BMO Capital Markets reduced their target price on shares of Canadian National Railway from C$182.00 to C$178.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 11th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of C$171.07.

Canadian National Railway Stock Down 1.0 %

Shares of CNR opened at C$153.52 on Wednesday. The business’s 50 day simple moving average is C$157.27 and its 200-day simple moving average is C$164.33. Canadian National Railway has a 1 year low of C$143.16 and a 1 year high of C$181.34. The company has a debt-to-equity ratio of 107.62, a current ratio of 0.63 and a quick ratio of 0.58. The stock has a market capitalization of C$96.64 billion, a price-to-earnings ratio of 18.26, a price-to-earnings-growth ratio of 3.38 and a beta of 0.65.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings data on Tuesday, July 23rd. The company reported C$1.84 earnings per share for the quarter, missing the consensus estimate of C$1.93 by C($0.09). The firm had revenue of C$4.33 billion during the quarter, compared to the consensus estimate of C$4.40 billion. Canadian National Railway had a net margin of 32.02% and a return on equity of 27.41%. As a group, equities analysts expect that Canadian National Railway will post 8.2610275 earnings per share for the current fiscal year.

Insider Activity at Canadian National Railway

In other news, Director Shauneen Elizabeth Bruder purchased 543 shares of Canadian National Railway stock in a transaction dated Wednesday, September 25th. The shares were bought at an average cost of C$157.53 per share, for a total transaction of C$85,539.88. In other news, Director Shauneen Elizabeth Bruder purchased 543 shares of the business’s stock in a transaction on Wednesday, September 25th. The shares were acquired at an average price of C$157.53 per share, for a total transaction of C$85,539.88. Also, Director Susan C. Jones acquired 1,230 shares of Canadian National Railway stock in a transaction on Tuesday, September 17th. The stock was purchased at an average cost of C$162.05 per share, with a total value of C$199,324.82. 2.64% of the stock is owned by 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.