Canadian National Railway (TSE:CNR) Receives C$170.56 Average Price Target from Analysts

Canadian National Railway (TSE:CNR) (NYSE:CNI) has earned a consensus rating of “Moderate Buy” from the eighteen ratings firms that are presently covering the stock, Marketbeat.com reports. Seven research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is C$172.93.

Several brokerages recently commented on CNR. Sanford C. Bernstein increased their target price on shares of Canadian National Railway from C$163.00 to C$196.00 in a report on Thursday, July 16th. Stephens raised shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 8th. Scotiabank increased their price objective on shares of Canadian National Railway from C$162.00 to C$194.00 in a research note on Thursday, July 16th. Desjardins raised their price objective on Canadian National Railway from C$163.00 to C$185.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Finally, TD lifted their target price on Canadian National Railway from C$171.00 to C$191.00 in a research report on Friday, July 10th.

Insider Transactions at Canadian National Railway

In other Canadian National Railway news, Director Justin M. Howell acquired 350 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was bought at an average cost of C$152.74 per share, with a total value of C$53,459.00. Following the completion of the transaction, the director directly owned 350 shares in the company, valued at approximately C$53,459. This represents a ∞ increase in their position. 2.64% of the stock is owned by corporate insiders.

Canadian National Railway Trading Up 2.1%

Shares of TSE CNR opened at C$183.92 on Friday. The company’s fifty day moving average is C$167.89 and its 200-day moving average is C$152.88. The stock has a market cap of C$111.57 billion, a price-to-earnings ratio of 24.23, a P/E/G ratio of 3.38 and a beta of 1.18. Canadian National Railway has a twelve month low of C$126.11 and a twelve month high of C$184.83. The company has a quick ratio of 0.57, a current ratio of 0.67 and a debt-to-equity ratio of 104.96.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last released its quarterly earnings results on Wednesday, April 29th. The company reported C$1.80 earnings per share for the quarter. The company had revenue of C$4.38 billion during the quarter. Canadian National Railway had a net margin of 27.23% and a return on equity of 21.93%. Equities research analysts predict that Canadian National Railway will post 8.2610275 EPS for the current 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.