Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have earned a consensus recommendation of “Buy” from the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$116.46.

Several equities analysts have issued reports on the company. Desjardins lifted their target price on Canadian National Railway from C$118.00 to C$121.00 in a research note on Wednesday, July 25th. Morgan Stanley lifted their target price on Canadian National Railway from C$106.00 to C$116.00 in a research note on Wednesday, July 25th. BMO Capital Markets lowered Canadian National Railway from an “outperform” rating to a “market perform” rating in a research note on Wednesday, September 5th. Raymond James lifted their target price on Canadian National Railway from C$116.00 to C$120.00 and gave the company an “outperform” rating in a research note on Wednesday, July 25th. Finally, National Bank Financial lifted their target price on Canadian National Railway from C$107.00 to C$111.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 25th.

CNR opened at C$112.80 on Friday. Canadian National Railway has a 1 year low of C$90.84 and a 1 year high of C$118.62. The company has a debt-to-equity ratio of 67.56, a quick ratio of 0.38 and a current ratio of 0.72.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 7th will be paid a dividend of $0.455 per share. The ex-dividend date is Thursday, December 6th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 1.61%. Canadian National Railway’s payout ratio is 23.30%.

In other news, insider Donald K. Reardon sold 1,700 shares of the business’s stock in a transaction dated Tuesday, August 28th. The stock was sold at an average price of C$90.24, for a total transaction of C$153,408.00. Also, insider Sean Finn sold 13,211 shares of the business’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of C$114.11, for a total value of C$1,507,507.21. Insiders have sold 15,811 shares of company stock worth $1,740,133 in the last 90 days.

Canadian National Railway Company Profile

Canadian National Railway Company engages in rail and related transportation business. The company transports cargo serving exporters, importers, retailers, farmers, and manufacturers. It operates a network of approximately 20,000 route miles of track spans Canada and mid-America connecting the Atlantic, the Pacific, and the Gulf of Mexico.

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Analyst Recommendations for Canadian National Railway (TSE:CNR)

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