Canadian National Railway (TSE:CNR) Receives C$158.00 Average Price Target from Brokerages

Shares of Canadian National Railway (TSE:CNR) (NYSE:CNI) have been given an average recommendation of “Moderate Buy” by the seventeen analysts that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$158.00.

A number of research firms recently issued reports on CNR. BMO Capital Markets boosted their price objective on Canadian National Railway from C$158.00 to C$169.00 in a report on Thursday, February 19th. ATB Cormark Capital Markets upped their target price on Canadian National Railway from C$146.00 to C$150.00 and gave the stock a “sector perform” rating in a report on Friday, April 17th. TD Securities lowered their target price on Canadian National Railway from C$166.00 to C$164.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Sanford C. Bernstein upped their target price on Canadian National Railway from C$156.00 to C$163.00 in a report on Tuesday, March 31st. Finally, Raymond James Financial upped their target price on Canadian National Railway from C$162.00 to C$170.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd.

Insider Buying and Selling at Canadian National Railway

In other news, Director Shauneen Elizabeth Bruder bought 620 shares of the stock in a transaction on Thursday, March 26th. The stock was acquired at an average cost of C$141.07 per share, for a total transaction of C$87,463.40. Following the acquisition, the director owned 19,071 shares of the company’s stock, valued at C$2,690,345.97. This represents a 3.36% increase in their ownership of the stock. Also, Director Albert Monaco bought 7,400 shares of the stock in a transaction on Friday, March 20th. The stock was purchased at an average price of C$135.68 per share, with a total value of C$1,004,032.00. Following the completion of the acquisition, the director directly owned 7,400 shares in the company, valued at approximately C$1,004,032. This trade represents a ∞ increase in their position. 2.64% of the stock is currently owned by corporate insiders.

Canadian National Railway Price Performance

CNR opened at C$149.87 on Friday. The business has a fifty day moving average of C$147.53 and a 200 day moving average of C$140.06. Canadian National Railway has a 52-week low of C$126.11 and a 52-week high of C$158.25. The company has a quick ratio of 0.58, a current ratio of 0.67 and a debt-to-equity ratio of 104.96. The stock has a market cap of C$90.91 billion, a P/E ratio of 19.75, a PEG ratio of 3.38 and a beta of 1.15.

Canadian National Railway (TSE:CNR) (NYSE:CNI) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$1.80 earnings per share (EPS) for the quarter. Canadian National Railway had a return on equity of 21.93% and a net margin of 27.23%.The company had revenue of C$4.38 billion during the quarter. As a group, sell-side analysts anticipate 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.