Canadian National Railway (TSE:CNR) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been assigned an average rating of “Moderate Buy” from the sixteen analysts that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$152.00.

Several brokerages recently issued reports on CNR. BMO Capital Markets upped their price target on Canadian National Railway from C$158.00 to C$169.00 in a report on Thursday, February 19th. ATB Cormark Capital Markets dropped their price objective on Canadian National Railway from C$153.00 to C$146.00 and set a “sector perform” rating on the stock in a research note on Monday, February 2nd. TD Securities cut their price objective on shares of Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. Royal Bank Of Canada reduced their target price on shares of Canadian National Railway from C$153.00 to C$151.00 and set an “outperform” rating for the company in a research note on Monday, February 2nd. Finally, Desjardins lowered their target price on shares of Canadian National Railway from C$160.00 to C$156.00 and set a “buy” rating for the company in a report on Monday, February 2nd.

Canadian National Railway Price Performance

CNR stock opened at C$144.01 on Friday. The company has a debt-to-equity ratio of 101.25, a quick ratio of 0.58 and a current ratio of 0.67. The business has a 50-day simple moving average of C$141.96 and a two-hundred day simple moving average of C$136.22. The company has a market capitalization of C$88.05 billion, a P/E ratio of 19.02, a price-to-earnings-growth ratio of 3.38 and a beta of 1.13. Canadian National Railway has a 52-week low of C$126.11 and a 52-week high of C$154.63.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last issued its quarterly earnings data on Friday, January 30th. The company reported C$2.08 EPS for the quarter. Canadian National Railway had a return on equity of 21.95% and a net margin of 27.28%.The firm had revenue of C$4.46 billion during the quarter. Research analysts expect that Canadian National Railway will post 8.2610275 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.