Canadian National Railway (TSE:CNR) Stock Has Consensus Price Target of C$183.11

Canadian National Railway (TSE:CNR) (NYSE:CNI) has been assigned an average rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the stock, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$184.00.

CNR has been the topic of a number of analyst reports. Scotiabank reduced their price objective on shares of Canadian National Railway from C$199.00 to C$198.00 and set a “sector outperform” rating on the stock in a research note on Thursday, October 15th. JPMorgan Chase & Co. boosted their target price on shares of Canadian National Railway from C$175.00 to C$182.00 in a research report on Monday, July 27th. Canadian Imperial Bank of Commerce upped their price target on shares of Canadian National Railway from C$185.00 to C$198.00 in a report on Monday, July 27th. Stephens upgraded shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 8th. Finally, Susquehanna lowered shares of Canadian National Railway from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th.

Canadian National Railway Stock Performance

CNR opened at C$172.81 on Friday. The company has a debt-to-equity ratio of 103.26, a quick ratio of 0.57 and a current ratio of 0.87. Canadian National Railway has a 52-week low of C$128.05 and a 52-week high of C$185.25. The firm has a market cap of C$104.39 billion, a P/E ratio of 22.18, a price-to-earnings-growth ratio of 3.38 and a beta of 1.16. The business’s fifty day moving average is C$170.69 and its 200-day moving average is C$160.29.

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 return on equity of 22.19% and a net margin of 26.92%. The business had revenue of C$4.77 billion during the quarter. Sell-side analysts expect 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.