Canadian National Railway (TSE:CNR) Price Target Raised to C$211.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price lifted by TD from C$205.00 to C$211.00 in a report released on Monday,BayStreet reports. They currently have a buy rating on the stock.

Other analysts have also recently issued research reports about the company. Scotia lifted their price objective on Canadian National Railway from C$198.00 to C$200.00 and gave the company a “sector perform” rating in a research report on Monday. BMO Capital Markets boosted their target price on Canadian National Railway from C$180.00 to C$195.00 in a research note on Monday, July 27th. Scotiabank dropped their target price on Canadian National Railway from C$199.00 to C$198.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 15th. JPMorgan Chase & Co. raised their price target on Canadian National Railway from C$175.00 to C$182.00 in a research note on Monday, July 27th. Finally, Wells Fargo & Company raised their price target on Canadian National Railway from C$135.00 to C$145.00 and gave the stock an “overweight” rating in a research note on Monday, July 27th. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Canadian National Railway presently has a consensus rating of “Moderate Buy” and an average price target of C$188.53.

Canadian National Railway Stock Up 2.0%

Canadian National Railway stock opened at C$180.44 on Monday. Canadian National Railway has a twelve month low of C$128.05 and a twelve month high of C$185.25. The company has a debt-to-equity ratio of 105.88, a quick ratio of 0.57 and a current ratio of 0.82. The firm has a market cap of C$108.21 billion, a PE ratio of 22.67, a P/E/G ratio of 3.38 and a beta of 1.16. The firm’s 50 day moving average price is C$170.77 and its two-hundred day moving average price is C$160.92.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings results on Friday, October 30th. The company reported C$2.16 EPS for the quarter. Canadian National Railway had a net margin of 26.42% and a return on equity of 22.34%. The business had revenue of C$4.77 billion for the quarter. On average, research analysts predict that Canadian National Railway will post 8.26 EPS for the current fiscal year.

Canadian National Railway Company Profile

CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast, contributing to sustainable trade and the prosperity of the communities in which it operates since 1919.