Canadian National Railway (CNR.TO) – What Are Researchers Saying About This Stock?

Canadian National Railway (TSE:CNR) (NYSE:CNI) has received a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are currently covering the company, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$184.00.

A number of brokerages recently weighed in on CNR. BMO Capital Markets upped their target price on shares of Canadian National Railway from C$180.00 to C$195.00 in a research note on Monday, July 27th. ATB Cormark Capital Markets lifted their price target on Canadian National Railway from C$166.00 to C$185.00 and gave the company a “sector perform” rating in a research note on Monday, July 27th. Desjardins boosted their price target on Canadian National Railway from C$185.00 to C$199.00 and gave the company a “buy” rating in a report on Monday, July 27th. Raymond James Financial cut Canadian National Railway from a “moderate buy” rating to a “hold” rating and reduced their price objective for the stock from C$200.00 to C$195.00 in a research report on Monday, October 19th. Finally, Canadian Imperial Bank of Commerce upped their price objective on Canadian National Railway from C$185.00 to C$198.00 in a research report on Monday, July 27th.

Canadian National Railway Stock Down 0.2%

Shares of CNR stock opened at C$173.68 on Friday. The firm has a fifty day moving average of C$170.77 and a 200-day moving average of C$160.12. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 103.26. Canadian National Railway has a 12-month low of C$128.05 and a 12-month high of C$185.25. The company has a market capitalization of C$104.92 billion, a price-to-earnings ratio of 22.30, a P/E/G ratio of 3.38 and a beta of 1.16.

About Canadian National Railway

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.