Canadian National Railway (TSE:CNR) PT Lowered to C$202.00

Canadian National Railway (TSE:CNR) (NYSE:CNI) had its target price reduced by UBS Group from C$205.00 to C$202.00 in a research note issued on Wednesday, BayStreet.CA reports. UBS Group’s price objective would suggest a potential upside of 18.54% from the company’s previous close.

Several other analysts also recently issued reports on CNR. National Bankshares raised their price objective on shares of Canadian National Railway from C$172.00 to C$190.00 in a research note on Thursday, April 4th. Royal Bank of Canada raised their price objective on shares of Canadian National Railway from C$164.00 to C$171.00 in a research note on Monday, April 1st. Sanford C. Bernstein raised their price objective on shares of Canadian National Railway from C$191.00 to C$195.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. Desjardins raised their price objective on shares of Canadian National Railway from C$189.00 to C$195.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Finally, Raymond James lifted their price target on shares of Canadian National Railway from C$185.00 to C$190.00 and gave the company an “outperform” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Canadian National Railway has an average rating of “Hold” and an average price target of C$184.50.

Canadian National Railway Stock Up 1.2 %

Shares of TSE:CNR opened at C$170.40 on Wednesday. The company has a current ratio of 0.61, a quick ratio of 0.58 and a debt-to-equity ratio of 93.89. Canadian National Railway has a 12 month low of C$143.13 and a 12 month high of C$181.34. The company has a 50-day moving average price of C$175.98 and a 200 day moving average price of C$165.64. The company has a market cap of C$109.10 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 2.06 and a beta of 0.65.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last announced its quarterly earnings results on Tuesday, January 23rd. The company reported C$2.02 EPS 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 the consensus estimate of C$4.38 billion. As a group, equities research analysts predict that Canadian National Railway will post 8.0140399 earnings per share for the current year.

Insider Buying and Selling

In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 6,000 shares of Canadian National Railway stock in a transaction that occurred on Thursday, February 1st. The stock was bought at an average price of C$168.44 per share, with a total value of C$1,010,640.00. In other Canadian National Railway news, Director Shauneen Elizabeth Bruder acquired 6,000 shares of Canadian National Railway stock in a transaction that occurred on Thursday, February 1st. The stock was bought at an average price of C$168.44 per share, with a total value of C$1,010,640.00. Also, Senior Officer Derek Michael Taylor sold 2,610 shares of the business’s stock in a transaction that occurred on 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 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.