Canadian National Railway (TSE:CNR) Price Target Increased to C$190.00 by Analysts at TD Securities

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price lifted by TD Securities from C$185.00 to C$190.00 in a report issued on Wednesday, BayStreet.CA reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also recently weighed in on CNR. Sanford C. Bernstein boosted their price target on shares of Canadian National Railway from C$191.00 to C$195.00 and gave the company an outperform rating in a research report on Monday, April 15th. BMO Capital Markets upped their target price on shares of Canadian National Railway from C$185.00 to C$195.00 in a report on Monday, April 1st. ATB Capital upped their target price on shares of Canadian National Railway from C$165.00 to C$180.00 and gave the company a sector perform rating in a report on Wednesday, January 24th. Desjardins upped their target price on shares of Canadian National Railway from C$189.00 to C$195.00 and gave the company a buy rating in a report on Friday, April 12th. Finally, Scotiabank upped their target price on shares of Canadian National Railway from C$173.00 to C$184.00 and gave the company a sector perform rating in a report on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of Hold and an average price target of C$184.50.

Canadian National Railway Price Performance

Shares of CNR opened at C$168.35 on Wednesday. Canadian National Railway has a 1-year low of C$143.13 and a 1-year high of C$181.34. The stock has a market cap of C$107.78 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 2.06 and a beta of 0.65. The company has a debt-to-equity ratio of 93.89, a current ratio of 0.61 and a quick ratio of 0.58. The firm has a fifty day moving average price of C$176.07 and a 200 day moving average price of C$165.60.

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

Insider Buying and Selling

In related news, Director Shauneen Elizabeth Bruder bought 488 shares of the stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost of C$177.40 per share, for a total transaction of C$86,571.20. In related news, Director Shauneen Elizabeth Bruder bought 488 shares of the stock in a transaction on Tuesday, March 26th. The shares were bought at an average cost 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 company’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of C$131.26, for a total transaction of C$342,577.38. 1.67% of the stock is currently owned by corporate insiders.

About Canadian National Railway

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.