Canadian National Railway (TSE:CNR) (NYSE:CNI)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $121.44 and traded as high as $125.98. Canadian National Railway shares last traded at $125.11, with a volume of 350,363 shares.

CNR has been the subject of a number of research analyst reports. Royal Bank of Canada lowered their target price on Canadian National Railway from C$137.00 to C$127.00 and set a “sector perform” rating for the company in a report on Wednesday, October 23rd. CIBC lowered their target price on Canadian National Railway from C$122.00 to C$119.00 in a report on Wednesday, October 23rd. Cormark raised their target price on Canadian National Railway from C$99.00 to C$101.00 in a report on Wednesday, July 24th. Raymond James restated a “market perform” rating and set a C$135.00 target price on shares of Canadian National Railway in a report on Wednesday, October 23rd. Finally, National Bank Financial lowered their target price on Canadian National Railway from C$121.00 to C$118.00 and set a “sector perform” rating for the company in a report on Wednesday, October 23rd. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of C$123.64.

The firm has a 50 day moving average of C$117.01 and a two-hundred day moving average of C$121.43. The stock has a market cap of $89.41 billion and a PE ratio of 20.24. The company has a debt-to-equity ratio of 77.32, a current ratio of 0.71 and a quick ratio of 0.35.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Monday, December 9th will be paid a dividend of $0.538 per share. This is a boost from Canadian National Railway’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend is Friday, December 6th. This represents a $2.15 annualized dividend and a yield of 1.72%. Canadian National Railway’s payout ratio is presently 34.78%.

In other Canadian National Railway news, Director Denis Losier sold 1,000 shares of Canadian National Railway stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$122.11, for a total transaction of C$122,110.00. Following the transaction, the director now owns 171,254 shares of the company’s stock, valued at C$20,911,825.94. Also, Senior Officer Sean Finn sold 573 shares of Canadian National Railway stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$122.19, for a total value of C$70,012.86. Following the transaction, the insider now directly owns 14,981 shares in the company, valued at approximately C$1,830,475.96. In the last 90 days, insiders have sold 15,160 shares of company stock valued at $1,853,813.

Canadian National Railway Company Profile (TSE:CNR)

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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