Canadian National Railway (TSE:CNR) PT Set at C$200.00 by Stifel Nicolaus

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been given a C$200.00 price objective by Stifel Nicolaus in a research note issued on Tuesday, BayStreet reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus‘s price objective indicates a potential upside of 13.71% from the company’s previous close.

A number of other equities analysts have also recently issued reports on CNR. Citizens Jmp upgraded shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 15th. Desjardins raised their target price on shares of Canadian National Railway from C$185.00 to C$199.00 and gave the company a “buy” rating in a research report on Monday, July 27th. Raymond James Financial cut shares of Canadian National Railway from a “moderate buy” rating to a “hold” rating and decreased their target price for the stock from C$200.00 to C$195.00 in a research note on Monday, October 19th. Wells Fargo & Company increased their price target on Canadian National Railway from C$135.00 to C$145.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Finally, ATB Cormack boosted their price objective on Canadian National Railway from C$185.00 to C$190.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 15th. Three analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Canadian National Railway currently has an average rating of “Moderate Buy” and a consensus price target of C$184.00.

Canadian National Railway Price Performance

TSE:CNR traded up C$2.89 during trading hours on Tuesday, hitting C$175.89. The company’s stock had a trading volume of 479,561 shares, compared to its average volume of 1,576,172. 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 103.26, a current ratio of 0.87 and a quick ratio of 0.57. The stock has a fifty day simple moving average of C$170.90 and a 200-day simple moving average of C$159.37. The company has a market capitalization of C$106.26 billion, a P/E ratio of 22.58, a PEG ratio of 3.38 and a beta of 1.16.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its earnings results on Friday, July 24th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.19%. The firm had revenue of C$4.75 billion during the quarter. On average, analysts anticipate that Canadian National Railway will post 8.26 EPS for the current fiscal year.

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.